Biden announces plan to cap rent increases at 5% for half of American rental households

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• Joe Biden announced a proposal to cap annual rent increases at 5% for the next two years. 
• The plan targets corporate landlords with more than 50 units, which make up nearly half of rentals in the US. 
• But the proposal would first need to pass a divided Congress. 

President Joe Biden on Tuesday rolled out a plan offering landlords a choice...