Rapidcreek@lemmy.world to politics @lemmy.world · 4 months agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comexternal-linkmessage-square66fedilinkarrow-up1327arrow-down110cross-posted to: news@lemmy.world
arrow-up1317arrow-down1external-linkBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comRapidcreek@lemmy.world to politics @lemmy.world · 4 months agomessage-square66fedilinkcross-posted to: news@lemmy.world
minus-squareEmpireInDecay@lemmy.mllinkfedilinkEnglisharrow-up5arrow-down15·edit-24 months agoRemoved by mod
minus-squareStinkySocialist@lemmy.mllinkfedilinkEnglisharrow-up4·4 months agoWhy are you down voting this guy? He’s right. Yikes
minus-squareEmpireInDecay@lemmy.mllinkfedilinkEnglisharrow-up3arrow-down5·edit-24 months agoRemoved by mod
minus-squarejordanlund@lemmy.worldMlinkfedilinkarrow-up3·4 months agoIt’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.
minus-squareEmpireInDecay@lemmy.mllinkfedilinkEnglisharrow-up3arrow-down8·edit-24 months agoRemoved by mod
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Why are you down voting this guy? He’s right. Yikes
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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.
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Removed, civility.
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