return2ozma@lemmy.world to News@lemmy.world · 8 months agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comexternal-linkmessage-square133fedilinkarrow-up1610arrow-down112
arrow-up1598arrow-down1external-linkBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comreturn2ozma@lemmy.world to News@lemmy.world · 8 months agomessage-square133fedilink
minus-squarepsycho_driver@lemmy.worldlinkfedilinkarrow-up44arrow-down2·8 months ago5% is crazy talk when workers wages are going up 2.5% per year. Landlords need at least 20% more every year.
minus-squarecoolteathatisgreen@lemm.eelinkfedilinkEnglisharrow-up19·8 months agoBut if it pass, then it is first win. I fear that landlord are not going to let it happen without a fight
minus-squareOsrsNeedsF2P@lemmy.mllinkfedilinkarrow-up12·8 months agoYou gotta get something that will pass
minus-squarevxx@lemmy.worldlinkfedilinkarrow-up6·8 months agoIs 5% really that crazy when the current rate is 20% as you describe?
5% is crazy talk when workers wages are going up 2.5% per year. Landlords need at least 20% more every year.
But if it pass, then it is first win. I fear that landlord are not going to let it happen without a fight
You gotta get something that will pass
Is 5% really that crazy when the current rate is 20% as you describe?