Share on facebook
Share on twitter
Share on linkedin
Share on email

Old Joe’s Rent Control Plan: 5% or $55?

We covered the madness of Biden’s national rent control proposal when he first floated it at his “big boy” press conference. Yesterday the proposal changed from a cap of 5% annual rent increases to a cap of $55 – presumably because Joe had trouble reading the prompter.

Watch it here:

Elon Musk replied:

And our great CTUP senior fellow and University of Chicago professor Casey Mulligan, who teaches Economics of Socialism, added this astute observation:

SUBSCRIBE TO THE
Unleash Prosperity Hotline

 

1155 15th St NW, Ste 525
Washington, DC 20005