• Steve@communick.news
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    4 months ago

    Treating the symptom.
    Okay I guess. I’ll get excited when I see a plan to treat the disease.

    • disguy_ovahea@lemmy.world
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      4 months ago

      There’s no reason to get excited at all. Biden can call for it, but Congress has to write and pass the legislation. Republican House majority won’t let that happen.

      Vote in November.

    • SirDerpy@lemmy.world
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      4 months ago

      Not even. Can’t charge more for rent when it’s already max out against income. It’s a placebo that’ll have zero effect. Don’t get too excited about a “plan”. This is the plan.

        • SirDerpy@lemmy.world
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          4 months ago

          The vast majority of individuals must be able to afford to house, feed, and cloth themselves, as well as travel to and from work. If not they will riot. This is bad for economic growth, the mandate of capitalism. It’s particularly bad when the market is still significantly inflated relative the economy.

          It’ll never be written into law. However, Biden’s proposed rent caps under projected inflation, signifying rent has fully saturated its allocation of income. Housing began balancing systemically naturally, human sellers drying up. Landlords have no obstacles.

          I live in a world of nuance. The rent sucks.