President Joe Biden has proposed measures to reduce housing prices, increase construction, and implement national rent control by capping rents and limiting rent caps. The proposal has sparked debate, with some questioning the authority behind such a move and others expressing concerns about its potential negative impact on the real estate market.
It was hard to make it out, but #Biden just advocated for national rent control by saying he wants to cap rents. What a disaster that would be.
It was hard to make it out, but Biden just advocated for national rent control by saying he wants to cap rents. What a disaster that would be.
Joe Biden wants nationalized rent control. Because that totally didn’t mess up real estate in Seattle.
What authority does Biden have to “cap rents”?
BIDEN TO REDUCE HOUSING PRICES, INCREASE CONSTRUCTION, AND LIMIT RENT CAPS