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

7 comments

1. And what are landlords going to do when their taxes, repairs and insurance go up 10+%? Take a loss? Or not renew the lease so they can get a new tenant not bound to the 5% cap?

2. Buying votes with empty promises

3. It would be easier to say my campaign is failing.

4. Ahhh the Belarus method

5. I’m sure the Trump/Vance ticket will just snap their fingers and make you all rich.

6. That’s still 20% in 4 years, matching Biden’s inflation rate as president

7. My renters refused to pay me 5% increase maximum she can do is 2% still 100’s below market rate