Morning Wire Renters Bill of Rights & China Buys U.S. Farmland | 1.26.23
Jan 26, 2023
President Biden is pushing for a Renter's Bill of Rights to tackle rising housing costs and spark debate around rent control. The podcast dives into contrasting government regulations on tobacco and marijuana, highlighting health equity issues. Additionally, it raises concerns over the alarming increase of Chinese ownership of U.S. farmland, linking it to national security risks. Lastly, the implications of Trump’s reinstatement on Facebook are explored, leaving listeners to ponder the evolving landscape of social media and politics.
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Renter's Bill of Rights
- President Biden introduced a "Renter's Bill of Rights" to address rising housing costs.
- This measure aims to identify and address practices that unfairly prevent renters from securing housing.
Rent Control Push
- Some Democrats are pushing for nationwide rent control.
- This policy would regulate how much landlords can increase rent annually.
Existing Rent Control Measures
- Cities like New York, San Francisco, and Los Angeles have existing rent control policies.
- States like Oregon have implemented laws capping annual rent increases at 7%.