> Your rent could be $1000 instead of $2000 if your landlord's income wasn't tax... | Hacker News

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		account42 6 months ago \| parent \| context \| favorite \| on: Tariffs result in 10% laptop price hike in U.S. sa... > Your rent could be $1000 instead of $2000 if your landlord's income wasn't taxed so much. Your Chipotle meal could be $6 instead of $12 if the franchise owner and their commercial property landlord weren't taxed so much, let alone the workers. That's assuming those things are sold at cost rather than a significantly higher market value.

bombcar 6 months ago [–]

Costs put a lower bound - if the market value falls below costs for too long, the suppliers disappear.

But market value can go way above costs, and does sometimes.

An interesting aspect of this is rental costs in VHCOL areas; often the rents are WAY, WAY below the mortgage cost of the same property.

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