Restrictive Rent Control Proposal by Bernie Sanders

Bernie Sanders' proposed rent control policy seeks to limit the annual rent increases by one and a half times the inflation rate or 3%, whichever is higher. This would be an extremely restrictive price control, with rent increases capped at around three and a half percent per year. It is even more restrictive than rent control laws recently implemented in California and Oregon. Sanders aims to limit rent increases broadly, without exemptions for new buildings or property improvements. The proposal reflects a belief that high rents indicate landlord greed rather than supply and demand dynamics.