[quote=ILoveRegulation][quote=flu]
And if I were a landlord, I’d just pass the cost on to my tenant…Because everyone else would do it too… (what, you thought landlords would just eat the extra cost???)
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You might as well be a landlord because you are as clueless as most of them. I know more than a few property managers who are managing properties for out-of-town landlords. Many of these landlords bought during the bubble, and there is no way they are ever going to recoup their costs. Most of them try to charge above-market rents and their rentals sit empty.
You see, there is this thing called the ‘market’ which has a major influence on rents. The market doesn’t care how much you pay in property tax it only cares what prospective renters can afford to pay in rent.[/quote]
Actually, Iforget/BigGovernmentIsGood I am a landlord in the Bay Area. And yes, I just raised rent by $200/month and guess what, it’s still lower than how much comparables raised their rents too and I do have few a other prospects who would nicely pay for more…You were saying?
Hmmm, if my choices were to be “clueless landlord” or “smart Iforget/BGIG”, I think I’d pick the former, because, well the former pays the bills while the later does didly sh!t.
And guess what else? My taxes for next year will enjoy their nice lower cap gains/dividend limits. Because Big Federal Government got a nice STFU from the elections.. So, fvck you too.
