Re:To solve affordability crisis, Bay Area housing stock mus...
by ScottBurson on Wednesday May 02, 2018 @07:20PM
(#16982011)
> If your landlord gets a property tax cut, would they pass on the savings to you? No.
In fact, we have empirical evidence for this. The campaign for Prop. 13 claimed that landlords would pass on the savings, but after it was passed, no corresponding drop in rents was observed.
In fact, we have empirical evidence for this. The campaign for Prop. 13 claimed that landlords would pass on the savings, but after it was passed, no corresponding drop in rents was observed.