Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Economics (https://www.askmehelpdesk.com/forumdisplay.php?f=101)
-   -   Tax on rents (https://www.askmehelpdesk.com/showthread.php?t=22645)

  • Mar 11, 2006, 06:05 PM
    tsmith86
    Tax on rents
    Can someone please help me with the following question:
    During the 1996 Olympic Games many residents of Atlanta left the city and rented out there homes. Despite the increase in the quantity of housing available, rents soared. If during the 1996 Olympic Games, the city of Atlanta had imposed a tax on rents, describe how the housing market would have functioned.
  • Mar 13, 2006, 04:32 AM
    RickJ
    Rental expenses, such as taxes, are figured into rent amounts... and in a case like that where the demand was high, the rents would have been higher.

    ... just my opinion.

  • All times are GMT -7. The time now is 12:34 PM.