@Rapidcreek to politics • 2 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 • 2 months agomessage-square69cross-posted to: housing_bubble_2news
minus-squarepewterlink2•2 months agoThat wouldn’t work because some housing is much more expensive than others. It might have more rooms. It might be better built. It might be newer. At least a 5% increase cap would scale with all of those things more appropriately.
That wouldn’t work because some housing is much more expensive than others. It might have more rooms. It might be better built. It might be newer. At least a 5% increase cap would scale with all of those things more appropriately.
I’m sure there would have to some modifiers but it would work.