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what about the minimum wage being stuck at $7.25? some wait staff make half that still
Biden is just throwing crumbs around like some elder on a park bench feeding pigeons
You can't outsmart supply and demand, period. No government ever has or ever will. Rent control doesn't work, every economist agrees.
Rent control privileges existing tenants over new ones and doesn't fix the supply problem. It incentivizes landlords to constructively evict tenants so they can re-rent at market rate instead of capped rate. Boneheaded policy which makes dems look bad. Voting for Biden but this is a dumb look.
If you say you shall only raise by 5%, you will ALWAYS raise by 5%. Today it's 0% usually until a new tenant. Anytime there are forced amounts, you have to raise it because you can't when you need to
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this post was submitted on 16 Jul 2024
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