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News • 6 months 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 • 6 months 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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@psycho_driver
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6•6 months ago
Is the property tax rate that’s increasing or your home’s appraised value? My home has doubled in appraised value since we bought it in 2016, so our taxes have doubled as well.

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