BasicHumanUnit
Diamond Member
This proposal is potent. There are 112 Million renters in America (34% of the total population).
There are also 32.2 Million businesses. Together these translate into a ton of votes.
If Trump does not reciprocate and propose a rent control law himself (of 5% or lower), he could be handing Biden the election. After the astronomical rent increases of the last few years, to renters and business owners, this is the most serious issue in America. Both have taken a huge hit economically, by the enormously higher rents.
Biden to call for 5% cap on annual rent increases, a critical issue for voters
Corporate landlords would lose the ability to write off depreciation values from their units if they increase tenants' rent more than 5%.www.aol.com
The Number of Businesses in the USA and Statistics for 2024
The United States has 33.2 million of businesses in 2024. This article include various statistics on business statistics on sectors and more.www.clearlypayments.com
Decade in review: Number of U.S. renters surpasses 100 million - HousingWire
A recent Rentcafé study shows renter rates have climbed across the country as more and more Americans are now choosing to rent instead of own.www.housingwire.com
Yeah....but it would NEVER in a million years be on the dimocrats plate to place a cap like that on the banks that are charging 25, 30 and even 32% interest on their cards people are forced to live on because they can't afford to eat.
Nah...let's make sure private entrepreneurs are well controlled...the banks...not so much.
Shit...why not make the average struggling American PAY the banks back for ALL their losses? Oh wait!
(It absolutely amazes me how the average person allows the feral government to defecate on them and use them for toilet paper without any push back). I guess those with power see it as an implication that the average person approves. Or at the very least is unwilling to object. Could be fear?
