Tenants Demand Emergency Measures From White House as Rents Skyrocket

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Tenants Demand Emergency Measures From White House as Rents Skyrocket
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Rent prices are still rising in 2022 after spiking last year, and eviction rates already reached pre-pandemic levels in cities across the country.

. These estimates are based on experimental federal survey data, but if the numbers are anything close to reality, then millions of renters are currently worried about eviction.

“Inflation doesn’t just hurt at the gas pump,” said Mary Osborne, a tenant leader with Rights and Democracy New Hampshire, in a statement. “We need the White House to take immediate action to address sky-high rents that are costing families their homes.” “The Federal Housing Finance Agency should establish rent increase regulations for tenants who live in properties with federally backed mortgages,” Raghuveer said in an email to“If our government is in the business of financing and subsidizing privately-owned housing, public money should be leveraged to secure tenant protections.”

The draft executive order lists a number of policy proposals for the administration, including the creation of a national database tracking landlords and property owners as well as evictions, rental prices and building code violations. The idea is to give both federal policymakers and the public access to crucial information about a national housing market that is increasingly shaped by corporations and Wall Street rather than smaller players at the local level.

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