Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

Lol so he just set a bar that property managers will meet every year. 5% is crazy because that's far outside what the average person sees in wage increases. Cap it at 2% or less if you want to help. And pass a federal renters bill of rights. And create a Poland esq public housing program so government can actually act as a counter balance to the private market.