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News • 1 month ago

Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

cross-posted to:
housing_bubble_2
politics

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Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

@return2ozma to

News • 1 month ago

cross-posted to:
housing_bubble_2
politics

President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords.

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nifty
link
7•
edit-2
1 month ago

That the housing crisis is an extremely complex problem that will take decades to fix?

No? There’s currently no cap on single housing investments, and at the very least private equity needs to be banned from buying housing in any form.

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