Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation
President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords.
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Let's build a million new homes and sell them to people that don't currently own any homes.
Let’s
buildseize a million new homes and sell them to people that don’t currently own any homes.
FTFY
Fuck these ogres hoarding real estate.
There's no shortage of homes in the US. They're just being hoarded for their increasing value.
I don't believe that is the case. There is no value in letting a property sit empty accumulating value, when it could be doing exactly that while pulling in a hefty monthly rent.
It may well be the case that there's enough homes empty to house everyone, but only if they're happy to move somewhere they don't want to be, and where there's no jobs to pay for them.
renters bring risks. if the home is on the market, they also make it a half to sell
This guy is clearly not scared of "crime"
Edgelord
"Crime" is code word for boomers and nimbys to block proper development
Doesn't help if there is housing available but it's 3 hours from where my work is :/
