[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???)
[/quote]
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.
