this post was submitted on 16 Jan 2024
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[–] Bocky@lemmy.world 2 points 10 months ago (2 children)

And all that higher tax cost is passed directly on to tenants

[–] Riven@lemmy.dbzer0.com 4 points 10 months ago* (last edited 10 months ago)

At some point the taxes would be so high that nobody could afford to rent and the owners would lose money forcing them to sell. Which is fine. Just gotta make the taxes higher for more than x houses.

[–] calypsopub@lemmy.world 1 points 10 months ago

Bingo. Most of these tax schemes will hurt the renter, not the landlord.