Biden to cap rent rises at $55

[QUOTE]The US president, 81, was speaking at the National Association for the Advancement of Colored People (NAACP) convention in Nevada, where he was expected to announce a new five per cent cap on rental increases nationwide – but instead stated he would be capping rent rises to $55.

Gripping the sides of his stand, he leaned forward, squinting before almost whispering: “I’m about to announce that they can’t raise it more than… $55.”[/QUOTE]

:bowdown:

[url]https://www.telegraph.co.uk/us/politics/2024/07/17/joe-biden-gaffe-rent-rises/[/url]

:lol

Nice!

Aside from the embarrassing old man gaff, 5% is still too high. They shouldn't be allowed to raise it more than the inflation rate which has been around 3% forever now. I suppose it's a start though given that they were raising rents insanely higher than 5%. Flat out gouging people.

If they raise taxes, utilities, fees more than 5% a year, then you should be allowed to raise rents more than 5%

[QUOTE=TeflonDonTrump;14929977]If they raise taxes, utilities, fees more than 5% a year, then you should be allowed to raise rents more than 5%[/QUOTE]

You think that would benefit people?

[QUOTE=ShawkFactory;14930066]You think that would benefit people?[/QUOTE]
You think he wants to benefit anyone besides corporations? :lol

[QUOTE=ShawkFactory;14930066]You think that would benefit people?[/QUOTE]

Yes. For the middle class

[QUOTE=RRR3;14930098]You think he wants to benefit anyone besides corporations? :lol[/QUOTE]
Competition lowers prices kid.

If you stagnant growth, whos going to rent? I understand you live with your mom you dont know what its like

[QUOTE=TeflonDonTrump;14930132]Yes. For the middle class[/QUOTE]

How? I know you’re probably trolling but what’s the explanation there.

[QUOTE=ShawkFactory;14930167]How? I know you’re probably trolling but what’s the explanation there.[/QUOTE]

You are an idiot if you think only corporations own rental properties

[QUOTE=TeflonDonTrump;14930174]You are an idiot if you think only corporations own rental properties[/QUOTE]

Umm….I don’t think I said that?

[QUOTE=ShawkFactory;14930176]Umm….I don’t think I said that?[/QUOTE]

Good. Then figure out the rest

[QUOTE=TeflonDonTrump;14930222]Good. Then figure out the rest[/QUOTE]

Wow you’re so lazy. Or dumb.

I’ll give you the benefit of the doubt and go with the former.

[QUOTE=ShawkFactory;14930271]Wow you’re so lazy. Or dumb.

I’ll give you the benefit of the doubt and go with the former.[/QUOTE]
It's Chewing.

[QUOTE=RRR3;14930274]It's Chewing.[/QUOTE]

So I’m not going to get an explanation then? Damn.