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I agree that’s the problem. Property taxes go up, rent has to go up to cover it. If property taxes go up by X amount but you can’t raise rent the appropriate amount then there’s a problem.
We need to cap both.
You could just make slightly less money. It is allowed. It isn't like chemical reaction balance thing. It isn't even that they are losing money, they are just making less than they want.
Make slightly less is one thing. Going negative is another. Many landlords work on a shoe string budget.
I am sure with all the lawyers and accountants that work in Washington DC they can easily structure it to deal with a few edge cases. I am pretty sure my dumbass could figure it out. Maybe a tiered system looking at the last few years, ones that are on there verge of failure have more control compared to ones doing well.