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News@lemmy.world · 11 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

return2ozma@lemmy.world to

News@lemmy.world · 11 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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Camzing@lemmy.world
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11 months ago
It is set at 2.5% where I live.
- psycho_driver@lemmy.world
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  11 months ago
  Realistically that’s about what it should be. 3% tops. Average worker wages haven’t gone up that much yearly in forever.

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