Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation - eviltoast
  • TheDemonBuer@lemmy.world
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    4 months ago

    Well, for one, it almost certainly won’t pass. So the chances of it becoming law in the first place are pretty low. But even if it were passed, I think it would be difficult to enforce. Even if it were enforced, landlords would just hike the rent 4.99% every year.

    • njm1314@lemmy.world
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      4 months ago

      4.99% is way better than the 50% my previous landlord tried. You can always vote Republican if you want. See what they’re going to do for you.

    • WanderingVentra@lemm.ee
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      4 months ago

      Not to mention that unless wages also rise by 5% per year, which mine haven’t recently not sure about others, then it’s still unsustainable for renters.