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News@lemmy.world · 4 months ago

Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

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Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

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News@lemmy.world · 4 months ago

President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords.

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Bytemeister@lemmy.world
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4 months ago
Yeah, that doesn’t math out.

Also, my rent got hiked 13% last year, despite the taxes remaining the same. Which is why I threw everything I had into getting out of renting.

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