Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationRapidcreek@lemmy.world to politics @lemmy.world – 311 points – 2 months agoapnews.com69Post a CommentPreviewYou are viewing a single commentView all commentsSo housing isnt affordable as it is, and this dumb fuck thinks capping unaffordable rent is gonna help?Why are you down voting this guy? He's right. YikesMany of them dont like hearing their candidate is a reflection of the people they claim to hateIt's actually worse than that... we capped rents in Oregon and it made things worse. Here's the problem... If you cap rent increases at 5% per year, there's no incentive to do anything less than the maximum increase.3 more...
So housing isnt affordable as it is, and this dumb fuck thinks capping unaffordable rent is gonna help?Why are you down voting this guy? He's right. YikesMany of them dont like hearing their candidate is a reflection of the people they claim to hateIt's actually worse than that... we capped rents in Oregon and it made things worse. Here's the problem... If you cap rent increases at 5% per year, there's no incentive to do anything less than the maximum increase.3 more...
Why are you down voting this guy? He's right. YikesMany of them dont like hearing their candidate is a reflection of the people they claim to hate
It's actually worse than that... we capped rents in Oregon and it made things worse. Here's the problem... If you cap rent increases at 5% per year, there's no incentive to do anything less than the maximum increase.
So housing isnt affordable as it is, and this dumb fuck thinks capping unaffordable rent is gonna help?
Why are you down voting this guy? He's right. Yikes
Many of them dont like hearing their candidate is a reflection of the people they claim to hate
It's actually worse than that... we capped rents in Oregon and it made things worse.
Here's the problem... If you cap rent increases at 5% per year, there's no incentive to do anything less than the maximum increase.