Debra Medina interview on CBS 11 (Full Version) Part 1 of 3
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There is a total disconnect between image that Debra Medina presents of herself in the media and what goes on, in what appears to be her official Facebook page.
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@ magyarman24, Ms. Medina has stated that through the free market system if the property tax goes down or is zero that the property owner is less likely to pass this cost down to the renter.
In a free market system free of government restraints competition is key. Meaning when Landlord A and Landlord B are in competition with one another, the renter benefits because both Landlords will compete for their lease, I.E. lower rental price.
Free market, without a government intrusion, interference.
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Property tax is utterly contrary to our right to ownership. With Property tax all you'll ever be is a leaser of the property, with the state owning it forever. Debra is right on on this and virtually every other issue as well. LIBERTY!
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Can you imagine owning your own home? My property tax is more than my original mortgage. The will help first time buyers taxes and insurance are a big part of your payment. i also own rentals I want have to go up to cover taxes, If property tax goes up the rent goes up, if property taxes are taken off I can lower the rent and make the same profit.
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There will be landlord competition, so if one landlord lowers his rates, the others will have to also. I doubt if all will keep rates high, this just doesn't happen in a free market.
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magyarman24 = idiot
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In all reality that is the perfect system. Lets hope it works and everybody is on the same page.
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@magyarman24 In order to stay competitive, landlords will reduce rent statewide. This is how the free market works, when let go to do it's thing, it will prosper.
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That is a good way to look at it, but I believe that the property owner (landlord) will be in control of your rent rate, meaning that it will be up to him/her to lower your rent rate as a result of no property tax. I think Mrs. Medina should be asked of that scenario, it would be interesting to hear her response. I am not bashing her I am just trying to figure her out rather than jumping in head first.
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Forgot to add this in the first comment.
So if property tax goes away for Texan's that is a win win, but for renters are their rent rates going to come down as a result of no property tax?
If Medina wins, I will definitely be moving to Texas, I love the idea of true property ownership.
rayme4raw 2 years ago 7
Debra Medina for governor of Texas!
BigRedMcCool 2 years ago 4