Biden to cap rent rises at $55

[diamenz]

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.”

https://www.telegraph.co.uk/us/polit...fe-rent-rises/

[warriorfan]

Nice!

[Bill Gates]

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.

[TeflonDonTrump]

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

[ShawkFactory]

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

You think that would benefit people?

[RRR3]

You think that would benefit people?

You think he wants to benefit anyone besides corporations?

[TeflonDonTrump]

You think that would benefit people?

Yes. For the middle class

[TeflonDonTrump]

You think he wants to benefit anyone besides corporations?

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

[ShawkFactory]

Yes. For the middle class

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

[TeflonDonTrump]

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

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

[ShawkFactory]

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

Umm….I don’t think I said that?

[TeflonDonTrump]

Umm….I don’t think I said that?

Good. Then figure out the rest

[ShawkFactory]

Good. Then figure out the rest

Wow you’re so lazy. Or dumb.

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

[RRR3]

Wow you’re so lazy. Or dumb.

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

It's Chewing.

[ShawkFactory]

It's Chewing.

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