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Metropolitan DC Local Politics
Reply to "New real estate assessment rates are released from State of Maryland"
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[quote=Anonymous]Arguments that property tax increases get passed on to tenants are silly. Landlords will charge what the market will bear -- it's as simple as that. Consider the past several years -- landlords have been dramatically increasing rents even before they had gotten the higher assessments. They weren't saying to themselves, "Let me keep the rent the same, even if I could charge more, because my property taxes haven't gone up." Landlords will always charge whatever they can, regardless of what their property taxes are.[/quote]
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