President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords.
  • M0oP0o
    2·
    4 months ago

    Acording to this report: https://www.bls.gov/news.release/pdf/eci.pdf

    The average Wages and salaries increased 1.1 percent and benefit costs increased 1.1 percent from December 2023.

    Oh and then people that did get raises averaged 4.4% last year. So its really raises for some and poverty for most.