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Nationwide Rent Control? Democrats want Biden to impose rules to limit rent increases across the country.
WSJ ^ | 1/22/23 | The Editorial Board

Posted on 01/23/2023 9:25:36 AM PST by AbolishCSEU

Ideas that start on the progressive fringes have a way of becoming government policy these days, as President Biden’s $400 billion student loan cancellation shows. Lo, Democrats in Congress are now pressing the President to impose rent control nationwide.

The White House is considering a series of executive actions that are ostensibly intended to protect tenants. Rents on average increased 17.6% in 2021 and another 3.8% last year. One culprit was near-zero interest rates while they lasted, which inflated housing prices and made it harder for young people to buy a home. The result: More demand for rental housing.

Landlords also raised rents to cover losses during the Centers for Disease Control and Prevention’s pandemic eviction moratorium. But rents have fallen for the past four months, and the nation’s rental stock is expected to expand this year by the most in four decades.

Progressives nonetheless want to use rising rents as a pretext to nationalize local housing policy. Fifty Democrats in Congress last week sent a letter urging Mr. Biden “to pursue all possible strategies to end corporate price gouging in the real estate sector and ensure that renters and people experiencing homelessness across this country are stably housed this winter.”

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: control; democrats; demonicrats; property; rent; rentcontrol; tenants
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To: GingisK

https://youtu.be/JUDSeb2zHQ0


41 posted on 01/23/2023 1:26:38 PM PST by AbolishCSEU (Amount of "child" support paid is inversely proportionate to mother's actual parenting of children)
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To: NorthMountain
> We won't restore constitutional government if we don't talk about it.

Okay, by far the largest threat to our nation and its economy is the Unconstitutional ponzi scheme known as "Social Security" with an estimated 96 Trillion ( almost 5X US GDP ) in unfunded liabilities.

Its orders of magnitude worse than anything else.

Let's start with this one.

42 posted on 01/23/2023 2:00:34 PM PST by SecondAmendment (This just proves my latest theory ... LEFTISTS RUIN EVERYTHING !!!)
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To: SecondAmendment
Socialist Insecurity?

End it.

But the American people are too soft, weak, and addicted to socialism to even consider it. I bet we get a bunch of nasty comments from supposed "conservatives" right here on this supposedly "conservative" forum.

43 posted on 01/23/2023 2:04:26 PM PST by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: ConservativeInPA

Since when are the Democrats concerned about negative consequences.
You comments suggests that you don’t understand what they are doing and why.
The don’t care about suffering, they care about control, authoritarian control, in fascist partnership with the billionaires of Silicon Valley.
Do they care about the consequences that their laws, rules, decrees etc. have had in Chicago, Detroit, Philadelphia, New York, etc., etc.?
So many Freepers keep repeating that “they’re insane...that’s crazy......stupid...how sick!!!”
You don’t understand what is going on. They are EVIL. “Stupid” and “insane” were never used to describe Stalin or Hitler; no, they were EVIL.


44 posted on 01/23/2023 2:34:29 PM PST by ma_che62
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To: AbolishCSEU

Yep it’s another chicken in every pot democrat story they still operate like it’s the 1930’s.


45 posted on 01/23/2023 3:22:47 PM PST by Vaduz (LAWYERS )
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To: AbolishCSEU

The quickest way to create a housing shortage. The dims are masters at getting what they want as fast as possible.


46 posted on 01/23/2023 3:27:34 PM PST by Let's Roll ("You can avoid reality, but you cannot avoid the consequences of avoiding reality" -- Ayn Rand)
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To: Night Hides Not

Nah... I was just having fun.


47 posted on 01/23/2023 7:07:23 PM PST by GOPJ ( https://www.youtube.com/watch?v=muw22wTePqQ Gumballs: Immigrants by the numbers.)
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