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A comment on US will ban Wall Street investors from buying single-family homes. Parent comment

Re:US will ban Wall Street investors from buying single-fami... by wordpad on Wednesday January 07, 2026 @04:44PM (#46533406)
Property taxes are directly and immediately translate into higher rent.

Making rent more expensive doesn't make ownership cheaper, just makes it more attractive relative to renting.

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Re:US will ban Wall Street investors from buying single-fami... by Hammershaft on Wednesday January 07, 2026 @04:55PM (#46533596)
Property taxes do not directly translate into rent, the % of the tax that is on the land value of the property can't be passed on, because the supply of land is inelastic.

https://www.astralcodexten.com/p/does-georgism-work-part-2-c...

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Re:US will ban Wall Street investors from buying single-fami... by MikeNotThePope on Wednesday January 07, 2026 @04:52PM (#46533541)
Yes & no. Higher costs can obviously be passed onto consumers, but higher taxes make things a less attractive investment, too. The higher your costs regardless of whether a unit is occupied or not, the less interesting it is an an investment.
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