So housing isnt affordable as it is, and this dumb fuck thinks capping unaffordable rent is gonna help?
Why are you down voting this guy? He’s right. Yikes
Many of them dont like hearing their candidate is a reflection of the people they claim to hate
If you say you shall only raise by 5%, you will ALWAYS raise by 5%. Today it’s 0% usually until a new tenant. Anytime there are forced amounts, you have to raise it because you can’t when you need to
Today it’s 0% usually until a new tenant
Oh, you’re serious. Let me laugh even harder.
I know no private landlords, not mega corps, that raise rent annually. A good tenant is worth lower rent.
With a forced limit, there will be guaranteed raises.
Burying the lede:
But the plan would require solid Democratic control of Congress to become law.
And if we have it…
Biden will once again make an announcement that as defacto party leader there’s no way he can change anyone’s mind and we’re idiots for expecting him to try
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.
Wait - are you canceling hotels?
No, you can still own ONE hotel. The reason why hotel prices are so high in the US is because of the Patel Cartel.
The Patel Hotel Cartel? Do tell.
They own a bunch of chain hotels (Best Western?), and fix prices. The US has among the highest rates for hotels in the developed world. I recently went to Germany and for the same price I got 4 star amenities for what I’d pay for a very basic motel.