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A comment on The Effects of Major Retailers Raising Their Minimum Wages. Parent comment

Re:The Effects of Major Retailers Raising Their Minimum Wages by caseysoftware on Monday December 06, 2021 @11:01AM (#29461341)
How have your property taxes and/or insurance changed during that period?

I have a rental (family living in it) where the insurance has changed a few percent in the last 5 years but the property taxes are up 5x. Yes, 5x in 5 years between the rate and appreciation.

What started as a small net loss is getting bigger and bigger so I hope you're not in the same boat.

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Re:The Effects of Major Retailers Raising Their Minimum Wages by mostertoaster on Thursday December 09, 2021 @06:53AM (#29496365)
Property taxes have gone up, about double what they were. I just lose more money on my rentals, and to top it off I pay for private school, so don’t even get the benefit :/

I propose that all landlords start offering two lease agreements. One that is let’s say $2000/month, and another that is $1600/month plus whatever property taxes are, which happen to be $300/month currently.

Then tenants might think twice before voting for higher property taxes since it will directly affect their rent instead of indirectly.

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