See every side of every news story
Published loading...Updated

What Joe Biden’s “Rent Cap” Really Does

Summary by Jacobin
Joe Biden just announced a proposal to force big landlords to choose between capping rent increases at 5% annually or losing access to a coveted tax write-off. It’s not a real rent cap — but it potentially opens the door to bolder federal action. President Joe Biden delivers remarks at the White House on July 14, 2024, in Washington, DC. (Kevin Dietsch / Getty Images) On a trip to Las Vegas, where rents climbed twice as fast as wages last year…

1 Articles

All
Left
1
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Jacobin broke the news in on Wednesday, July 17, 2024.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.