By Brad Beckett on August 1, 2024
At a recent speech in Atlanta, GA, Vice President Kamala Harris made it clear that she’s interested in continuing many of the Biden Administration’s policies regarding big business. However, perhaps of most concern to real estate investors were her remarks about housing. Click here to read more.
“Harris also reiterated her stance on housing, saying she would take on corporate landlords and cap unfair rent increases. This seems to indicate that she is interested in moving forward with the Biden plan to cap the maximum annual rent increase for landlords who own more than 50 properties at 5%. Many housing advocates have come out against this policy. The National Association of Home Builders said it would worsen the current housing problem by discouraging the construction of more homes.” – as reported by Yahoo!Finance
Stay tuned….
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