![](https://2c717466dc25cd7041c9-8eeda6a8ca964cf210ed223dbc947813.ssl.cf2.rackcdn.com/21261323-730741452-rent-100x67.jpeg)
How Joe Biden's Rent Cap Could Impact New York City
President Joe Biden this month proposed a 5 percent rent cap that has landlords fuming and tenants hopeful. The rent cap would go into effect for corporate landlords in an attempt to make renting more affordable as prices remain at record levels in several …