Rapidcreek@lemmy.world to politics @lemmy.world · 1 year agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comexternal-linkmessage-square69fedilinkarrow-up1327arrow-down110
arrow-up1317arrow-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 · 1 year agomessage-square69fedilink
minus-squarepewter@lemmy.worldcakelinkfedilinkarrow-up3arrow-down1·1 year 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-up1·1 year 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.