@Rapidcreek to politics • 4 months agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comexternal-linkmessage-square69arrow-up1327arrow-down110cross-posted to: housing_bubble_2news
arrow-up1317arrow-down1external-linkBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.com@Rapidcreek to politics • 4 months agomessage-square69cross-posted to: housing_bubble_2news
minus-square@Landless2029link12•4 months agoDon’t make it illegal. Make it unprofitable. Increasing taxes per property owned. On 3+ extra taxes and huge fine if not rented for more than 3 months of the year. We have an issue with comapnies and foreigners apparently buying property in cities then leaving them empty. Tax them HARD. Much more likely to pass a plan like that then just making things illegal.
Don’t make it illegal. Make it unprofitable.
Increasing taxes per property owned.
On 3+ extra taxes and huge fine if not rented for more than 3 months of the year.
We have an issue with comapnies and foreigners apparently buying property in cities then leaving them empty. Tax them HARD.
Much more likely to pass a plan like that then just making things illegal.
Nah, illegal, and a fire sale.