It’s patently ridiculous to think that landlords always have the option to pass every increase on to the tenants. Stop leasing? Why? Are their margins so tight that in a bad economy they can't eat $30 to keep their awesome tenants who pay rent on time every month and don't **** up the place?
No...
Depends on the market. This is not astonishing. Supply/demand. Location. Local economy. Say your property tax goes up on a property by $388.68. Yur renters are paying $1250/mo. Assume property tax is the only expense increased. Are you going to raise your tenant’s rent $32.39 oer month? What if...
Why should government entities that rely on property taxes have a windfall for every housing bubble? As mentioned there are other ways to raise money governments need to operate. Have a bake sale.