President Biden’s 5% rent cap falls flat with industry leaders
President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters.
President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters. President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters.
