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Jeff Bezos could pay every American’s rent for a whole month and would still be richer than Warren Buffett

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Jeff Bezos could pay every American’s rent for a whole month and would still be richer than Warren Buffett

While housing costs continue to be a burden on American households, a calculation reveals the extent of wealth inequality in the United States. Jeff Bezos, Amazon founder and one of the richest people in the world, could theoretically cover the monthly housing costs of every American renter and would still be wealthier than legendary investor […]

Kamala Harris’ promise to “hold corporate landlords accountable and limit unfair rent increases” is well received by voters, but not by economists

Posted on | Posted on Jasper | Leave a Comment on Kamala Harris’ promise to “hold corporate landlords accountable and limit unfair rent increases” is well received by voters, but not by economists
Kamala Harris’ promise to “hold corporate landlords accountable and limit unfair rent increases” is well received by voters, but not by economists

At her first major rally as the Democratic frontrunner, Vice President Kamala Harris threw down the gauntlet, vowing to “call out corporate landlords and limit unfair rent increases.” In front of 10,000 supporters in Atlanta, Harris unveiled a bold idea: capping rent increases at 5% for landlords with more than 50 units for two years. […]