Re:How housing became the world’s biggest asset class
by usaar333 on Wednesday January 22, 2020 @12:30PM
(#22119780)
They come out of your rent, yes, but at least in markets with low supply (think the Bay Area), your rent is not being set by the presence of property taxes and repairs.
That is, if we raised everyone's property taxes by 0.2% or so, approximately speaking, no one's rent would go up.
That is, if we raised everyone's property taxes by 0.2% or so, approximately speaking, no one's rent would go up.