Biden shares plan to cap rent increases
WASHINGTON (NEXSTAR) -- The White House is working to cap annual rent increases to combat the high cost of housing across the country.
President Joe Biden made the official announcement Tuesday during his trip to Las Vegas to rally support from Black and Latino voters.
"We have to deal with corporate greed now," President Biden said during the 115th NAACP National Convention.
About a third of Americans are renters. The president is proposing a 5% cap on yearly rent increases...
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