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Metropolitan DC Local Politics
Reply to "MoCo Rent Control Bills"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Can county cap the increase of property tax to 6%? With increased assessment value and tax rate in the county, it will help property owners to keep the rent down. By the way, please also keep the increases on the labor cost and prices for everything at homedepots at 6%. We will al live happily afterwards, including the renter, the property owners, the politicians, and the advocates.[/quote] If Home Depot raises their prices by 50%, you can drive 10 minutes to Lowes. If your landlord raises the rent by 50%, it takes a lot more than 10 minutes to find another place to live, move, change your children's school, possibly find another job, apply for public assistance when you lose your job due to the move/commuting distance, etc. Also property taxes are a fraction of a property owner's monthly costs. A 6% tax increase does not equal a 6% increase in their total costs.[/quote] Have you been a home depot or lowes recently? Please tell me if you can find any items that are priced significantly. By the way, [b]homeowner insurance premiums have increased 20-60% during the past years[/b]. [/quote] This is about rent. By definition, NOT "homeowner".[/quote]
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