Landlords should have to pay income tax on their rental properties regardless of whether they're rented out or not. ( gothamist.com )

PZK , 10 months ago

How are you supposed to keep them from passing on the cost of taxes to their tenants?

You have to realize that they still “own” a limited resource that lends them power to leverage over others. The only way you make this abuse go away is to have the people collectively own the land. Any accommodating regulations you place on landlords will only be temporary until they are worn down and removed.

moujikman , 10 months ago

I hear this argument a lot and it’s a trick to get the libs to not support taxes against landlords. In this situation, rental rates are dictated by how much the market can bare because there just aren’t enough houses. Prices are set to the maximum so landlords would bare the cost of the tax rather than renters. If the taxation threat was real and long term enough, it would incentivize landlords to do something with empty units, rather than it not costing them anything to sit on it.