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A comment on Bay Area housing prices drop in tech-heavy counties. Parent comment

Re:Bay Area housing prices drop in tech-heavy counties by blang on Friday March 29, 2019 @03:21PM (#19524701)
The tax that gets passed along in rent is property tax, which in California is generally pretty low[1] compared to other states because of prop 13[2].

[1] https://wallethub.com/edu/states-with-the-highest-and-lowest...

[2] https://en.wikipedia.org/wiki/1978_California_Proposition_13

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Re:Bay Area housing prices drop in tech-heavy counties by conanbatt on Friday March 29, 2019 @04:27PM (#19525342)
Property taxes are not absolutely economically incident on rent, raising property taxes will affect renters in ambiguous ways. But sales taxes definitely punish workers (and lower the income the worse), while low property taxes favor landlords.
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