Author Topic: Why are we subsidizing property taxes of millionaires?  (Read 2000 times)

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Offline cybercoma

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I made it clear that taxes impact the cost of rent. I just said that people paying rent don't realize that they are paying taxes and this matters because people tend to be less concerned about rising taxes if they do not realize that they are paying them.
Okay, I agree with that. People who rent apartments generally don't pay too close attention to property taxes because it has an indirect effect on them. I don't agree with your overly simplistic idea of supply and demand when it comes to rentals though.