President Biden to call for 5% cap on annual rent increases

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Published 2024-07-16
The plan would only apply to landlords with over 50 units in their portfolio, who account for roughly half of the rental market.

All Comments (9)
  • @queenv9412
    It’s a little late… rent is extremely expensive now
  • @noName-kn1lx
    And this nonsense After his three year moratorium on evictions . Just pandering bs
  • @franko8572
    Literally wouldn’t change anything. The plan would only apply to landlords with over 50 units in their portfolio, who account for roughly half of the rental market. All they have to do is split their portfolio to one LLC per 50 units, and they’re good. It just costs them a little extra money to do that, which of course means that fee is passed on to you, the renter.
  • @KingFergus
    Baaahahahaha ! You mean AFTER rents have already gone up %200....
  • @azerjinn9160
    Government imposed market caps always cause collapse Hope everyone is stocked food water