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.
What if we make it illegal to own more than 2 residential properties. Yes, 2. Why 2? Because it won't pull votes away from assholes with a summer house.
AND let's make it illegal for corporate entities to own livable units, and force them to sell via eminent domain within 180 days.
The politicians to make such a law probably have at least 3 residential properties. One regular home in their state, one close their job in Washington and one for recreation.
Anyway it wouldn't solve the issue. It would likely just create an illegal market.
R's will kill this and continue to blame D's for high rent prices. same as they did with gas. same as they did with the border. republican voters are just that fucking dumb
Housing is so fucked it literally cannot be fixed just by the president, any president. We need laws, we need zoning, we need judicial protections for renters, we need private companies increasing supply... But yes: we also need this cap on rent increases. It's a start!
$15 an hour would be considered progress not perfection
when has the US moved forward more than a baby step if that in the last half century? and we just lost most of that progress we did make in the last fifteen years