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Joe Biden’s proposed rent caps: Could they fly in Florida? Anywhere?

Apartments are shown for rent in Boca Raton in early 2024. While analysts say that Florida rent increases have slowed, housing costs are a flashpoint issue in the presidential campaign. (John McCall/South Florida Sun Sentinel file)
(John McCall/South Florida Sun Sentinel)
Apartments are shown for rent in Boca Raton in early 2024. While analysts say that Florida rent increases have slowed, housing costs are a flashpoint issue in the presidential campaign. (John McCall/South Florida Sun Sentinel file)
UPDATED:

President Joe Biden wants to curb residential rent increases by penalizing mainly corporate landlords who boost rents by more than 5% a year. But he needs Congressional action, a prospect certain to draw opposition from states such as Florida which bars rent control initiatives.

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