I guess he is also going to cap increases in utility costs, maintenance, rehabilitation, state and local taxes, etc. at 5 percent?
Oh, yeah, and insurance, labor, inspection fees, landscaping...cause we all know those costs never change.
This is a clown administration.
he proposed caps on groceries too.
I can go along with capping yearly increases of essential items (rent, food, medicines, electricity, water, health insurance etc) at 125% of CPI. Currently that would be about 4% maximum.