To: Broken_Clock who wrote (1469725 ) 7/16/2024 2:06:36 PM From: Broken_Clock Respond to of 1578498 LAS VEGAS — President Biden said Tuesday, “The rent is too damn high.” Well, almost. “Rent is too high and buying a home is out of reach for too many working families and young Americans, after decades of failure to build enough homes,” he said in a White House statement issued as the prez preps to address the NAACP convention Tuesday afternoon. “I’m determined to turn that around,” he said. The presumptive Democratic nominee didn’t precisely copy the now-famous 2010 comment by New York gubernatorial candidate James McMillian III , who uttered “The rent is too damn high” remark at a debate. But the sentiment is there. Biden’s enemies were right: Kamala Harris was the ‘insurance policy’ all along Biden down 20 points among black Virginia voters: ‘Truly a battleground state’ “Today, I’m sending a clear message to corporate landlords: If you raise rents more than 5% on existing units, you should lose valuable tax breaks,” Biden said. That would require an act of Congress, the White House conceded in a “fact sheet” calling on both chambers to pass the “Biden-Harris Housing Plan,” which he first proposed here during a March visit. The plan would also move federal lands into a pool for housing development, starting with the sale of 20 acres of Bureau of Land Management property at the bargain-basement price of $100 per acre.... +++ Apparently he doesn't know that land prices aren't the problem. The problem is basically two fold: Endless bureaucracy and sky high inflation for building materials and labor. Biden wouldn't dare touch either of those issues. Instead, he will sell corporations federal land at bargain basement prices.