My wife owns a property here and we use the rent from that place to pay the rent in our place. The contract was due to go up on the people who rent (our own went up last November) in April (an extra 10,000 pesos, which was going to make a huge difference to us). We will lose money from this descision. It is what it is, but the change is not good for everyone and is not only about landlords being unfair and wanting to get rent. For example, in November I will have to re-negotiate my own rental contract. Our landlords have always been decent and only raised it by 30% and we expect the same.
We raise our owned property by 30% on renegotiations too. However, now we could consider raising it by 40% to recoup what we lose under these coming six months. I am not saying we will do that and in fact, we probably won't. Although, I bet many landlords will do it. Sort of like if I lose money now I will make sure you pay it back later by increasing the rent more than I would have.
Also, if you take a situation like mine. If our tenants decide not to pay and we can't evict, the only move we will be able to take is to also not pay our own rent. It just sounds like a change that is ready to be abused. Also, if someone doesn't pay for six months and you cannot evict them, what to stop you evicting them on the seventh month. I mean, there could be a lot of grudges held by landlords in around seven months time.