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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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@IzzyScissor
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18•6 months ago
I’m sure this comes with a guaranteed 5% increase to minimum wages at the same time right? … right? Any amount of minimum wage increase from the last increase 15 years ago?

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