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Biden unveils housing proposal that includes nationwide cap on rent increases

Housing Wire

“While the odds are stacked against this proposal ever passing Congress, a federal rent control law would be catastrophic to renters and our nation’s rental housing market.” BLM is also considering purchasing another 562 acres of public land in Southern Nevada and another 26,000 acres in the Las Vegas Valley.

Landlords 470
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Biden Administration Looks to Cap Rent Hikes

Appraisal Buzz

Last month, a post on Accountable titled “ Corporate Landlords See Profits Soar Amid Rent Hikes and Fees ” found that the six largest publicly-traded apartment companies reported large profits earlier this year, and many of these same landlords are named in pending litigation for their alleged use of proprietary algorithms to raise rents on tenants.

Landlords 435