Biden to call for 5% cap on annual rent increases as he tries to show plans to tame inflation
Biden himself previewed the announcement at his NATO news conference Thursday.
Biden to call for 5% cap on annual rent increases
Most policy makers have said the best way to limit rent costs would be through more construction and changes to land use regulations.
What Is Biden's 5% Rent Cap Plan? President Sparks Confusion With Vow To Crack Down on Rent Hikes at NATO Press Conference
The post What Is Biden's 5% Rent Cap Plan? President Sparks Confusion With Vow To Crack Down on Rent Hikes at NATO Press Conference appeared first on Real Estate News & Insights | realtor.com®.
Biden's Rent Plan Sparks Backlash
The Mortgage Bankers Association (MBA) said on Monday that reported plans by President Joe Biden to potentially introduce a cap on rent increases would struggle to achieve its goal of making housing more affordable.
Biden to propose national rent hike cap of 5%
President Joe Biden will propose a nationwide cap on rent hikes at 5% per year, according to a report by The Washington Post.
Biden's Bold Housing Plan to Cap Rental Costs Nationwide
President Joe Biden plans to propose a nationwide cap on housing rental costs. The proposal, aimed at landlords owning over 50 units, would strip tax benefits from those who raise rents more than 5% annually.
NLIHC Statement on Biden Administration’s Proposal to Temporarily Cap Rent Increases by Large Landlords
President Biden will soon announce a proposal to temporarily cap rent increases by large landlords at 5% for two years, a policy that would affect half of all rental properties in the U.S. The proposal is part of a larger set of comprehensive policies to address the housing crisis through increased supply and other means.
Biden to unveil plan to cap rents as GOP convention begins
President Biden will unveil a new proposal in Nevada on Tuesday to cap rental costs nationwide, according to three people familiar with the matter, as he works to assuage Democratic concerns about the viability of his candidacy while the Republican convention gets underway.
Biden to propose capping rental costs, Washington Post reports
U.S. President Joe Biden will unveil a proposal on Tuesday to cap housing rental costs nationwide, the Washington Post ...
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Biden To Propose Capping Rent Increases At 5%
President Joe Biden plans to announce a new proposal that would cap residential rent hikes nationwide, The Washington ...
Biden administration to unveil new actions aimed at lowering housing costs
The White House is planning to unveil new actions aimed at lowering the cost of housing, including 5% caps on rent increases.
Biden Questions Why Hip-Hop Artists Support Trump: ‘He Thinks He’s Going to Sell Golden Shoes’ | Video
President Biden also calls himself a "Zionist" and speaks about a wide range of other issues in an interview with Complex's ...
Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss
LONDON (AP) — British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael ...