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News • 2 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 • 2 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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@Maggoty
link
4•2 months ago
If the company is doing COLAs right then their employees wouldn’t need to seek greener pastures.
- @OutsizedWalrus
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  4•2 months ago
  COLA is almost always lower than what you’ll get by job hopping
  - @Maggoty
    link
    3•2 months ago
    I didn’t say they were doing it right.

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