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

apnews.com

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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

apnews.com

@return2ozma to

News • 7 months ago

223

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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@fireweed
link
4•7 months ago
That just puts an insane value premium on older housing stock

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