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-up1326arrow-down110cross-posted to: [email protected]
arrow-up1316arrow-down1external-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: [email protected]
minus-squarepewter@lemmy.worldlinkfedilinkarrow-up3arrow-down1·5 months agoThat wouldn’t work because some housing is much more expensive than others. It might have more rooms. It might be better built. It might be newer. At least a 5% increase cap would scale with all of those things more appropriately.
minus-squareMehBlah@lemmy.worldlinkfedilinkarrow-up1·5 months agoI’m sure there would have to some modifiers but it would work.
That wouldn’t work because some housing is much more expensive than others. It might have more rooms. It might be better built. It might be newer. At least a 5% increase cap would scale with all of those things more appropriately.
I’m sure there would have to some modifiers but it would work.