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Started By
Message
re: “Renters don’t pay property taxes”
Posted on 6/28/26 at 3:23 pm to LSUFanHouston
Posted on 6/28/26 at 3:23 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.
Renters should not be allowed to vote for property tax increases. Period.
You clearly rent, and have no business voting to increase a tax burden on someone who is competent enough to have good credit and own a house.
4
Posted on 6/28/26 at 3:24 pm to TaderSalad
quote:then property owners shouldn't pass their taxes onto their renters
Renters should not be allowed to vote for property tax increases. Period.
Posted on 6/28/26 at 3:25 pm to stout
quote:
This is a bad take
Renters don't pay property taxes. They pay a market rate to rent a property.
Which includes property taxes. If property taxes go up, rents go up.
Posted on 6/28/26 at 3:27 pm to WestCoastAg
quote:
then property owners shouldn't pass their taxes onto their renters
Residential renters are lucky that triple net leases are only a commercial thing
Posted on 6/28/26 at 3:29 pm to Bjorn Cyborg
quote:
If property taxes go up, rents go up.
Not if you are locked into a lease. I can't raise my rates mid-lease. Maybe I should put that into my new lease agreements
The tenant can just jump to a cheaper place when their renewal time comes
Posted on 6/28/26 at 3:29 pm to TaderSalad
quote:
Renters should not be allowed to vote for property tax increases. Period.
The Supreme Court already weighed in on this question back in 1969, and they disagreed with you, fwiw.
Posted on 6/28/26 at 3:31 pm to LSUFanHouston
This is what’s bothering you on a Sunday afternoon?
Have a cocktail and relax
Have a cocktail and relax
Posted on 6/28/26 at 3:32 pm to stout
Damn bro, are you a slumlord?
Posted on 6/28/26 at 3:36 pm to Mung
quote:
Damn bro, are you a slumlord?
No.
I own some rentals but only have one house in a questionable area. I owner-financed it for someone so it's not even really a rental.
My neighbor owns 4 on Section 8, and he has headaches I would never deal with.
Posted on 6/28/26 at 3:36 pm to stout
quote:
Not if you are locked into a lease. I can't raise my rates mid-lease. Maybe I should put that into my new lease agreements
Depends on the lease. Many leases have property tax escalators, especially commercial leases.
Maybe you should add it.
Also, residential leases are generally for a year, so the overlap should be short
quote:
The tenant can just jump to a cheaper place when their renewal time comes
Are they going to move to a parallel universe where the property taxes did not go up?
Any competitor that doesn’t raise rents to match market conditions won’t be around long
This post was edited on 6/28/26 at 3:38 pm
Posted on 6/28/26 at 3:42 pm to Bjorn Cyborg
quote:
Many leases have property tax escalators, especially commercial leases.
No, that is not at all common in residential leases.
In commercial leases, it depends on the structure. If it is a true NNN lease, a separate tax escalator usually is not needed because the tenant already pays property taxes, insurance, and operating expenses. But if it is a gross or modified gross lease, then yes, escalation or pass-through language is commonly used
quote:
Are they going to move to a parallel universe where the property taxes did not go up?
Any competitor that doesn’t raise rents to match market conditions won’t be around long
They can move to a smaller place, one with a longer commute, take on a roommate, etc. Again, renters only have to consider short-term and don't really care about millage increases.
Posted on 6/28/26 at 3:48 pm to Bjorn Cyborg
Also, 11% of renter households (5.1 million) receive federal rental housing assistance. Do you think those people at all care about increased millage rates?
BTW, that number increases to 12.8% when you add in state or charity rental assistance programs
BTW, that number increases to 12.8% when you add in state or charity rental assistance programs
Posted on 6/28/26 at 3:57 pm to stout
Stout bringing facts to the discussion.
Do people actually think just because property taxes go uo they can just magically charge more and renters will pay more? It doesnt work that way. The market is way more efficient. Rents are a function of supply and demand for housing, not a function of the owners operating expenses.
Do people actually think just because property taxes go uo they can just magically charge more and renters will pay more? It doesnt work that way. The market is way more efficient. Rents are a function of supply and demand for housing, not a function of the owners operating expenses.
Posted on 6/28/26 at 4:02 pm to LSUFanHouston
renters don’t pay property taxes
Posted on 6/28/26 at 4:02 pm to LSUFanHouston
quote:
some of it absolutely is covering the property taxes.
Yes but landlords can only charge what the market bares. I own rental property and what I can charge has not kept up with property tax and insurance increases. I am pocketing much less than I was 6 years ago.
Posted on 6/28/26 at 4:06 pm to Zappas Stache
quote:
. I am pocketing much less than I was 6 years ago.
Oh no!
Posted on 6/28/26 at 4:10 pm to stout
quote:
stout
I can’t afford another 45 bucks a month man
Posted on 6/28/26 at 4:14 pm to nola tiger lsu
quote:
Oh no!
You sound like the idiot socialists with the same flawed thinking behind rent freezes in places like NYC and their failed understanding of free and fair markets.
Even Zappa, who is very left-wing, seems to understand basic market dynamics and the role small landlords play in housing supply.
Unless you want government-run slums everywhere or massive institutional landlords like Blackstone, Kairos Living, or BlackRock, you should want small landlords to remain financially viable.
Posted on 6/28/26 at 4:16 pm to Zappas Stache
quote:
what the market bares
Bears. Bare means naked.
Posted on 6/28/26 at 4:17 pm to Sun God
quote:
I can’t afford another 45 bucks a month man
Then stop voting to renew those “temporary” increases that were only supposed to last 10 years and fund a very specific project, but the city keeps putting them back on the ballot for their third or fourth renewal because the government is a bad steward of money.
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