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.
Source: Inman News
President Biden’s 5% rent cap falls flat with industry leaders
Published in Biden administration, Biden rent control plan, kevin sears, Markets & Economy, NAR, national association of realtors, President Biden, rent control, Rentals and Select
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