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Re:San Francisco apartment rent prices are dropping fast by mrep on Thursday July 02, 2020 @11:14AM (#23714109)
Land and property taxes are absolutely passed on to tenants. If the tax is higher than the rent that can be extracted, that just means you have improperly priced the land/property. You can prove it by trying to sell the property at which point, no investor is going to buy the land for a price that won't be profitable so the price will fall decreasing the effective tax until it is profitable to rent it out when factoring in the taxes.

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