this post was submitted on 27 Jul 2024
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A Boring Dystopia

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[–] spaghetti_hitchens@kbin.run 2 points 3 months ago (1 children)

I actually think we need to cap rent increases to about 2%. In a little over 14 years, your rent doubles at 5%. So $2.5k/mo becomes $5k/month- $60k/year! Since wages have largely stagnated, most renters would be in an even worse place (although definitely better than 10% increases).

[–] radivojevic@discuss.online 2 points 3 months ago

I’m down for 2% 😁