He’s gonna upset Blackrock...
Stop importing 5 million illegals a year, and rent prices will return to normal.
If this is enacted, I see a lot FEWER rentals in the nation’s future and more homeless. But Dems will be able to say they “did something”.
In perfect, cloward-piven america-destroying government-takeover form, this trial balloon is aimed at causing those with livelihoods as landlords to just give up. At that point, governments buy up the properties on behalf of the permanent underclass.
wow... just when I thought Biden couldn’t get any worse!@!!!!!!!!
how about property tax control!!!!!!!!!!!!!!!!!!
Constitutional authorization for ANY federal power is COMPLETELY ignored by these traitors who continue to try to pass unconstitutional and, thus, illegal legislation.
PATRIOTS! STAND UP AND FIGHT BACK!!!!
So the abolition of property rights is now a right. I just want to make sure I’m keeping up with the jackassery.
Ask diaper brain what he charged his secret service detail for rent at his house in Delaware.
Wonder how they’re going to contort the Commerce clause to justify this monumental overreach of Federal power.
Countdown until McConnell and Graham reach around the aisle to help move this forward.
10, 9, 8 . . .
Unless the property straddles the state line, private property rental has ZIP to do with interstate commerce.
Maybe it's b/c they don't qualify b/c of poor credit or insufficient income.
This should help the shortage of housing in California.
Although I think the main reason for this is to get complete government control over housing, just as in the old Soviet Union.
All wages, prices, salaries, dividends, profits, interest rates and forms of income of any nature whatsoever, shall be frozen at their present figures, as of the date of this directive.
“The president is directing the Federal Housing Finance Agency (FHFA) to examine limits on rent increases for future investments and actions promoting renter protections. The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have been tapped to root out practices that unfairly prevent applicants and tenants from accessing or staying in housing”
So it’s basically a executive order, thus a done deal. It’s good to be dictator
The federal government has no authority on housing or rent control. They can enforce anti discrimination legislation and subsidize what they want (arguably), but the states exclusively have the right to manage housing and rents.
We’d better be thankful the Constitution prohibits the Fed gov from taxing real property under our alloidial system of property ownership.
Here’s another one of those things that will become even more screwed up with the federal government entering the situation.
My take? This is just more fodder for the leftist voters and freeloaders. This will gain as much traction as his BOGUS Student Loan Forgiveness program.
Both have been, and will be, struck down in court. Maybe?
Ugh! How I LOATHE these people! And I am so, SO happy I am debt free and no longer renting out properties and flipping houses!
Deep State doesn’t like competition.