Did Biden Just Propose National Rent Stabilization?

A daily mix of stories about cities, city life, and our always evolving neighborhoods and skylines. [Curbed]( TUESDAY, JULY 16 HOUSING MARKET [Did Biden Just Propose National Rent Stabilization?]( The president says he wants to cap increases at 5 percent. There are some catches. Photo: Kevin Dietsch/Getty/Getty Images Joe Biden just dropped [a proposal]( to cap rents at 5 percent annually — a form of national rent stabilization that, while somewhat narrow in scope (it would apply only to “corporate landlords” with over 50 rental units and last for no more than two years), reflects the growing anxiety over housing affordability that people are experiencing nationwide. The move would be a rare example of federal intervention in rental pricing, coming at a time when buying a home has become increasingly difficult for many Americans and high rents are burdening [a growing number of households](. [Continue reading »]( Want more on city life, real estate, and design? [Subscribe now]( to save over 40% on unlimited access to Curbed and everything New York. [Learn more about RevenueStripe...]( The Latest [Prime Day Deals (Actually) Worth Buying The Strategist team has combed the sales bins and rounded up the best deals in every category.]( [Uncovering Good Modernist Bones at U.N. Plaza James Spindler and John Vitale bought their apartment from the family of its original owner, who decorated it in a prewar style. They opened it up.]( By Wendy Goodman [A Two-Bedroom Bed-Stuy Duplex for Under $1 Million Plus a Tudor City one-bedroom with a working fireplace and lots of original details in Park Slope.]( By Clio Chang [The City’s Quiet Crackdown on Kava Bars The businesses selling kava and kratom drinks have found themselves in a legal limbo.]( By Chris Crowley [Learn more about RevenueStripe...]( [Read More From Curbed]( [Sign up to get The Listings Edit](, a weekly digest of the most worth-it apartments in New York. [GET THE NEWSLETTER]( [logo]( [facebook logo]( [instagram logo]( [twitter logo]( [unsubscribe]( | [privacy notice]( | [update preferences]( This email was sent to {EMAIL}. Was this email forwarded to you? [Sign up now]( to get this newsletter in your inbox. [View this email in your browser.]( You received this email because you have a subscription to New York. Reach the right online audience with us For advertising information on email newsletters, please contact AdOps@nymag.com Vox Media, LLC 1701 Rhode Island Ave NW, Washington, DC 20036 Copyright © 2024, All rights reserved