@return2ozma to News • 10 months agoHousing is now unaffordable for a record half of all U.S. renters, study findswww.npr.orgmessage-square44arrow-up1293arrow-down14cross-posted to: aboringdystopia
arrow-up1289arrow-down1external-linkHousing is now unaffordable for a record half of all U.S. renters, study findswww.npr.org@return2ozma to News • 10 months agomessage-square44cross-posted to: aboringdystopia
minus-square@[email protected]linkfedilink7•10 months agoYou didn’t read or understand what I wrote. If you live in the house, you pay less tax. If you’re a wall street investor hiring a property manager to rent out a house you own but have never seen, you pay more tax. You paid more than a paycheck in taxes? That sucks. Let’s knock a little off of that tax bill for you. The investment firm that leases to your neighbor? Yeah, we’re gonna send their taxes through the roof. Please tell me you understand that part first, and then we can discuss how land contracts and private mortgages convert “tenants” into “homeowners”.
You didn’t read or understand what I wrote.
If you live in the house, you pay less tax.
If you’re a wall street investor hiring a property manager to rent out a house you own but have never seen, you pay more tax.
You paid more than a paycheck in taxes? That sucks. Let’s knock a little off of that tax bill for you.
The investment firm that leases to your neighbor? Yeah, we’re gonna send their taxes through the roof.
Please tell me you understand that part first, and then we can discuss how land contracts and private mortgages convert “tenants” into “homeowners”.
Seems I misread your comment. I apologize.
Nothing to apologize for; you’re good.