Rapidcreek@lemmy.world to politics @lemmy.world · 5 months agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comexternal-linkmessage-square69fedilinkarrow-up1327cross-posted to: news@lemmy.world
arrow-up1327external-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 · 5 months agomessage-square69fedilinkcross-posted to: news@lemmy.world
minus-squareEmpireInDecay@lemmy.mllinkfedilinkEnglisharrow-up5·5 months agoSo housing isnt affordable as it is, and this dumb fuck thinks capping unaffordable rent is gonna help?
minus-squareStinkySocialist@lemmy.mllinkfedilinkEnglisharrow-up4·5 months agoWhy are you down voting this guy? He’s right. Yikes
minus-squareEmpireInDecay@lemmy.mllinkfedilinkEnglisharrow-up3·5 months agoMany of them dont like hearing their candidate is a reflection of the people they claim to hate
minus-squarejordanlund@lemmy.worldMlinkfedilinkarrow-up3·5 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.
So housing isnt affordable as it is, and this dumb fuck thinks capping unaffordable rent is gonna help?
Why are you down voting this guy? He’s right. Yikes
Many of them dont like hearing their candidate is a reflection of the people they claim to hate
Removed by mod
Ad Hominem much?
Removed, civility.
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.