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“Renters don’t pay property taxes”
Posted on 6/28/26 at 2:21 pm
Posted on 6/28/26 at 2:21 pm
This has got to be one of the dumbest financial things I have ever heard.
Property taxes are an expense of the building owner. Just like some of your rent payment is covering maintenance or the mortgage, some of it absolutely is covering the property taxes.
Further, homestead exemption does not qualify for rental property, so a person who rents a $150,000 valued house is paying MORE than the guy who owner occupies the same value house.
We had a property tax election yesterday and the number of “hurr durr renters don’t pay property taxes” comments was disturbing.
Property taxes are an expense of the building owner. Just like some of your rent payment is covering maintenance or the mortgage, some of it absolutely is covering the property taxes.
Further, homestead exemption does not qualify for rental property, so a person who rents a $150,000 valued house is paying MORE than the guy who owner occupies the same value house.
We had a property tax election yesterday and the number of “hurr durr renters don’t pay property taxes” comments was disturbing.
10
Posted on 6/28/26 at 2:28 pm to LSUFanHouston
Makes about as much sense as “shoppers don’t pay sales tax”
All expenses are eventually passed on
All expenses are eventually passed on
Posted on 6/28/26 at 2:31 pm to LSUFanHouston
This is a bad take
Renters don't pay property taxes. They pay a market rate to rent a property. If the market rate declines due to a demand drop, they pay less in rent, but the owner's tax bill doesn't decrease.
Renters are shielded from a lot of the headaches of ownership and can easily move yearly, monthly, etc. if they find their situation unsuitable. Much harder to sell a house and move, which is why many people feel renters should be excluded from voting on taxes and bills that affect actual owners
Renters don't pay property taxes. They pay a market rate to rent a property. If the market rate declines due to a demand drop, they pay less in rent, but the owner's tax bill doesn't decrease.
Renters are shielded from a lot of the headaches of ownership and can easily move yearly, monthly, etc. if they find their situation unsuitable. Much harder to sell a house and move, which is why many people feel renters should be excluded from voting on taxes and bills that affect actual owners
This post was edited on 6/28/26 at 2:34 pm
Posted on 6/28/26 at 2:37 pm to Bjorn Cyborg
quote:
Makes about as much sense as “shoppers don’t pay sales tax”
Bad comparison
Sales taxes are much fairer than allowing renters to vote on property taxes
Posted on 6/28/26 at 2:38 pm to LSUFanHouston
Paying property taxes is the lease you can do.
Posted on 6/28/26 at 2:42 pm to stout
quote:
Renters don't pay property taxes. They pay a market rate to rent a property. If the market rate declines due to a demand drop, they pay less in rent, but the owner's tax bill doesn't decrease.
If market rents decrease (which rarely happens) then the value of the property is decreased, and the landlord can argue for a lower assessed value.
quote:
Renters are shielded from a lot of the headaches of ownership and can easily move yearly, monthly, etc. if they find their situation unsuitable. Much harder to sell a house and move,
Ok but irrelevant to the discussion at hand
quote:
which is why many people feel renters should be excluded from voting on taxes and bills that affect actual owners
They effect everyone
Posted on 6/28/26 at 2:43 pm to LSUFanHouston
Yep
And I heard another one a long time ago. “Can’t imagine paying all that mortgage interest in financing a home” said one renter.
As if their rent has no financing costs passed on to them…that they are paying (equity for property owner).
And I heard another one a long time ago. “Can’t imagine paying all that mortgage interest in financing a home” said one renter.
As if their rent has no financing costs passed on to them…that they are paying (equity for property owner).
Posted on 6/28/26 at 2:47 pm to LSUFanHouston
quote:
the landlord can argue for a lower assessed value.
but is still taxed based on millage rates determined/voted on by others
This post was edited on 6/28/26 at 2:49 pm
Posted on 6/28/26 at 2:49 pm to Kim Jong Ir
quote:
but is still taxed based on millage rates determined/voted on by others
The tax you pay is millage x value
If value decreases, tax paid goes down
This post was edited on 6/28/26 at 2:50 pm
Posted on 6/28/26 at 2:50 pm to LSUFanHouston
Time to bring back the 3/5ths Compromise and apply it to renters.
Posted on 6/28/26 at 2:51 pm to Clames
quote:
Time to bring back the 3/5ths Compromise and apply it to renters.
Considering renters pay more in tax… maybe 3/5ths should apply to people who own and live in their home…
Posted on 6/28/26 at 2:53 pm to LSUFanHouston
quote:
The tax you pay is millage x value
If value decreases, tax paid goes down
Of course.
Posted on 6/28/26 at 2:59 pm to stout
quote:
Renters don't pay property taxes. They pay a market rate to rent a property. If the market rate declines due to a demand drop, they pay less in rent, but the owner's tax bill doesn't decrease.
Yeah but renters get no equity in what they pay.
Posted on 6/28/26 at 3:01 pm to Kim Jong Ir
Once again, free and equal voting for everyone is a disaster. Property tax measures should be voted on by those owning homes or even renting homes. 18+ whose names are not tethered to any property lease or ownership should not be able to vote on those measures. Just owners/renters and their spouses.
Same way there should be a cognitive test and critical thinking for general voting.
Same way there should be a cognitive test and critical thinking for general voting.
Posted on 6/28/26 at 3:05 pm to stout
quote:
allowing renters to vote on property taxes
I pay property taxes to support public education, despite the fact that I haven’t had a kid in public school since 2007. Everyone gets to vote on taxes, whether it benefits them, or they pay them, or not.
Posted on 6/28/26 at 3:07 pm to HangmanPage1
quote:
18+ whose names are not tethered to any property lease or ownership should not be able to vote on those measures.
Every consumer pays property taxes.
We should fund our entire government via commercial/industrial property taxes. Most fair tax on the planet.
Posted on 6/28/26 at 3:14 pm to stout
quote:
Renters don't pay property taxes. They pay a market rate to rent a property. If the market rate declines due to a demand drop, they pay less in rent, but the owner's tax bill doesn't decrease.
Renters cover the owner’s property tax in for profit model. If rent market prices fluctuate, that is risk for owner. It is risk that is likely also in the rent that they charge.
To carry your economic scenario further, the less profit an owner makes, the less rental properties will be supplied. Rent buoyancy returns.
Renters are indirectly impacted by property tax in for profit model.
Posted on 6/28/26 at 3:18 pm to LSUFanHouston
quote:
Property taxes are an expense of the building owner. Just like some of your rent payment is covering maintenance or the mortgage, some of it absolutely is covering the property taxes.
So what. It's most likely the rent is cheaper, than a house note plus property taxes, plus insurance.
Posted on 6/28/26 at 3:20 pm to LSUFanHouston
quote:
They effect everyone
Affect
Posted on 6/28/26 at 3:21 pm to LSUFanHouston
quote:
If market rents decrease (which rarely happens)
Rarely happens? It’s happening in a lot of markets right now for a variety of reasons. More people are living with roommates to save money, some areas are seeing population shifts, and factors like deportations or job-market changes can reduce demand. As a result, plenty of markets have already seen rental rates decline.
quote:
then the value of the property is decreased, and the landlord can argue for a lower assessed value.
You really are a simpleton. Shifts in rental demand do not automatically translate into lower property values. In fact, broad declines in real estate values are relatively rare. The Great Recession was the last period when we saw widespread, significant drops in property values across the market.
quote:
They effect everyone
Do they? If you are locked into a two-year lease with a set rate and you vote on a millage increase, how does that affect you as a renter?
You can just jump ship to a cheaper property at the end of that lease, leaving the owner with increased taxes.
Do you really think the average renter cares about millage increases enough to understand that it may or may not affect their rental rate? What about those who receive housing vouchers? Do you think they care at all?
This post was edited on 6/28/26 at 3:23 pm
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