News@lemmy.world · 2 months ago

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

apnews.com

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cross-posted to:
politics@lemmy.world

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

apnews.com

return2ozma@lemmy.world to

News@lemmy.world · 2 months ago

160

cross-posted to:
politics@lemmy.world

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

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The best time to do it was any point in the last 100 years. The second best time is now.

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