Soaring rent prices have advocates calling on White House to intervene [washingtonpost.com]

Carey Sipp 8/11/2212:00 PM

By Rachel Siegel, Photo: Michael A McCoy/The Washington Post, The Washington Post, August 9, 2022

The White House hasn’t done enough to fight rent inflation, says a coalition of tenant unions, community organizations and legal groups calling on the Biden administration to launch an all-out government intervention.

A set of proposals, shared with The Washington Post, calls on the Biden administration to declare a state of emergency on housing and explore ways to regulate rents. The proposals span six government agencies and are intended to push federal regulators to consider new ways to curb rental costs, which were up 5.8 percent in June compared with the year before.

Overall prices are up 9.1 percent compared with last year, and inflation remains the top economic problem facing households, businesses and policymakers alike.

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