1. It aligns tenant and landords by encouraging renters to vote against property tax increases. Renters can now think whether the services increase is worth the tax increase instead of only worrying about the benefit side as the cost side is 100% someone else problem absent an escalator.
2. It allows landlords to offer their property for rent without including a "holdback" for their guess as to their property tax increase.
The reasoning is multi-part:
1. It aligns tenant and landords by encouraging renters to vote against property tax increases. Renters can now think whether the services increase is worth the tax increase instead of only worrying about the benefit side as the cost side is 100% someone else problem absent an escalator.
2. It allows landlords to offer their property for rent without including a "holdback" for their guess as to their property tax increase.