return2ozma@lemmy.world to News@lemmy.world · 2 months agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comexternal-linkmessage-square197fedilinkarrow-up1719arrow-down116
arrow-up1703arrow-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 · 2 months agomessage-square197fedilink
minus-squarepsycho_driver@lemmy.worldlinkfedilinkarrow-up49arrow-down3·2 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-up20arrow-down2·2 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-up13arrow-down1·2 months agoYou gotta get something that will pass
minus-squarevxx@lemmy.worldlinkfedilinkarrow-up8arrow-down1·2 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?