Idea about Rent Control (dollars, programs, percent, welfare)
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Good reason to stop taxing rental property up the wazoo.
Someone has to pay for the schools and roads that service those apartments. You should not be going back to the homeowners whose kids are already out of school and jacking up their taxes to pay for the increases.
Someone has to pay for the schools and roads that service those apartments. You should not be going back to the homeowners whose kids are already out of school and jacking up their taxes to pay for the increases.
I don't think anyone is advocating that rental property not be taxed. Landlords already pay a ton of taxes as it is. Part of the reason rent goes up is tax increases.
I was very interested in the cargo containers that are popping up in some countries to house the lower income folks...Africa was one of them. They are awesome looking and stacked to resemble high rise buildings. Anyway, it is a thought but taxes will pay for that as well.
To the OP...so when the governments engage in all these massive low income building projects,,,,what happens to the environment?
Non-profit developers have negligible impact because they don't have the big bucks to develop as much housing as they would like; when big for-profit developers are bidding up the price of land, you can't buy as much land as you had hoped.
A number of major REITs have poured millions into Portland and are building $3,000-a-month apartments. Non-profit developers can't compete with that.
I don't think anyone is advocating that rental property not be taxed. Landlords already pay a ton of taxes as it is. Part of the reason rent goes up is tax increases.
Some are not able to connect the dots......they don't even know where the damn dots came from in the first place and how unfair it is of us to expect them to do the math on top of it.
Someone has to pay for the schools and roads that service those apartments. You should not be going back to the homeowners whose kids are already out of school and jacking up their taxes to pay for the increases.
All I'm saying is that rental property should be taxed at the same rate as owner-occupied property, instead of at higher rates.
Apartments actually generate school kids at a much lower rate than single-family homes, according to the National Multi Housing Council, a nationwide organization of apartment owners and managers.
That is because most families make it a priority to own a home by the time their kids enter school.
Non-profit developers have negligible impact because they don't have the big bucks to develop as much housing as they would like; when big for-profit developers are bidding up the price of land, you can't buy as much land as you had hoped.
A number of major REITs have poured millions into Portland and are building $3,000-a-month apartments. Non-profit developers can't compete with that.
Gee, why is that? Don't they care enough about their future tenants? Why should it matter what they can afford?
It's not just the property that gets taxed. We pay property tax, income tax, and we are even taxed on our meager office equipment. Tax rentals as if they are any other property, I'm fine with that (that's the system here). Taxing simply because it's a rental is ridiculous.
"There's a federal tax and a state tax and a city tax." - Groucho Marx
All I'm saying is that rental property should be taxed at the same rate as owner-occupied property, instead of at higher rates.
Apartments actually generate school kids at a much lower rate than single-family homes, according to the National Multi Housing Council, a nationwide organization of apartment owners and managers.
That is because most families make it a priority to own a home by the time their kids enter school.
rentals with children slightly outnumber owner occupied homes
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