Wed Jan 25, 2023, 08:08 AM

White House unveils new tenant protections amid soaring rental costs

Last edited Wed Jan 25, 2023, 12:55 PM - Edit history (1)

Source: Washington Post

Under pressure to address the nation’s soaring housing costs, the Biden administration on Wednesday announced significant new actions to protect tenants and make renting more affordable.

The announcement involves multiple federal agencies that will gather information on unfair housing practices. It also includes a “Blueprint for a Renters Bill of Rights” that, while not binding, sets clear guidelines to help renters stay in affordable housing. The White House is also launching a call to action, dubbed the “Resident-Centered Housing Challenge,” that aims to get housing providers as well as state and local governments to strengthen policies in their own markets.

After months of deliberation, the moves come as the housing market continues to pose a serious problem for people who don’t own their homes — and for the economy overall. While inflation has fallen for the past six months, average rental prices have continued to increase rapidly, disproportionately hurting vulnerable households that spend the bulk of their budgets on rent. Meanwhile, the country is stuck in a massive housing shortfall, complicating efforts to lower costs or simply find enough places for the 44 million American renter households to go.

“This is something the president identified as being necessary on the campaign trail, and is not necessarily purely a product of the current surge in rents, because this is much more expansive than thinking about this in the context of rent growth,” said Erika Poethig, special assistant to the president for housing and urban policy at the Domestic Policy Council, in an interview with The Washington Post. “It’s about thinking about many other aspects of what contributes to a fair market.”

Read more: https://www.washingtonpost.com/business/2023/01/25/white-house-renter-protection/

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Here is the WH Fact Sheet - https://www.whitehouse.gov/briefing-room/statements-releases/2023/01/25/fact-sheet-biden-harris-administration-announces-new-actions-to-protect-renters-and-promote-rental-affordability/

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23 replies	Author	Time	Post
White House unveils new tenant protections amid soaring rental costs (Original post)	BumRushDaShow	Jan 25	OP
Gathering information and creating	Luciferous	Jan 25	#1
It already is a state and local government issue	Major Nikon	Jan 25	#2
Precisely, so the title of the article is kind	Luciferous	Jan 25	#3
Remember that the Executive Branch cannot "make law"	BumRushDaShow	Jan 25	#4
Housing is the biggest threat	Puppyjive	Jan 25	#5
I think we need to tread lightly here.	The Jungle 1	Jan 25	#6
I get it	Puppyjive	Jan 25	#7
This is not really focused on "evictions"	BumRushDaShow	Jan 25	#8
Well just so I do not come off as a money hungry republican	The Jungle 1	Jan 25	#18
I don't think the issues are so much with the individual single-family landlords	BumRushDaShow	Jan 25	#19
Make it illegal to buy and/or hoard residential properties.	Magoo48	Jan 25	#9
Make it illegal to buy and/or hoard residential properties.	Magoo48	Jan 25	#10
Yes, a lot of this	Abigail_Adams	Jan 25	#11
Yes!	Puppyjive	Jan 25	#12
Tax sellers 30% when they sell to these types of buyers	MichMan	Jan 25	#16
It's happening in a lot of -- if not nearly every -- place. Definitely happening here in Oregon	KPN	Jan 25	#17
Only individual states could do this	Sgent	Jan 26	#23
I read the article (twice) and see no new tenant protections. I see studies and	kelly1mm	Jan 25	#13
This was because "demands" were made of the administration	BumRushDaShow	Jan 25	#14
The states could help by waiving all property taxes on residential rental properties	MichMan	Jan 25	#15
K&R	LetMyPeopleVote	Jan 25	#20
Of course "average rental prices" have continued to increase.	Igel	Jan 25	#21
"It takes a while for the pig to pass through the python."	BumRushDaShow	Jan 25	#22

Response to BumRushDaShow (Original post)

Wed Jan 25, 2023, 08:16 AM

Luciferous (5,620 posts)

1. Gathering information and creating

non-binding guidelines aren't really tenant protections. Per the article it sounds like they are relying on state and local governments to come up with new policies and enforce them which isn't likely in a lot of places.

White House unveils new tenant protections amid soaring rental costs

1. Gathering information and creating

2. It already is a state and local government issue

3. Precisely, so the title of the article is kind

4. Remember that the Executive Branch cannot "make law"

5. Housing is the biggest threat

6. I think we need to tread lightly here.

7. I get it

8. This is not really focused on "evictions"

18. Well just so I do not come off as a money hungry republican

19. I don't think the issues are so much with the individual single-family landlords

9. Make it illegal to buy and/or hoard residential properties.

10. Make it illegal to buy and/or hoard residential properties.

11. Yes, a lot of this

12. Yes!

16. Tax sellers 30% when they sell to these types of buyers

17. It's happening in a lot of -- if not nearly every -- place. Definitely happening here in Oregon

23. Only individual states could do this

13. I read the article (twice) and see no new tenant protections. I see studies and

14. This was because "demands" were made of the administration

15. The states could help by waiving all property taxes on residential rental properties

20. K&R

21. Of course "average rental prices" have continued to increase.

22. "It takes a while for the pig to pass through the python."