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Metropolitan DC Local Politics
Reply to "MoCo looking at increasing income taxes for those making above $150K"
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[quote=Anonymous][quote]Using a novel, comprehensive dataset on new-tenant rents from the City of Berkeley, I find strong evidence that landlords faced with quasi-random, building-level property tax shocks pass through $0.50–$0.89 per $1 of the property tax shock to renters. The results are robust to the inclusion of landlord size, renovations around a sale, and a property’s purchase price.[/quote] https://www.philadelphiafed.org/consumer-finance/consumer-credit/property-tax-pass-through-to-renters-a-quasi-experimental-approach[/quote]
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