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CATO at Liberty 01/27/2020 14:12
“Landlords cannot be allowed to raise rents to whatever they want, whenever they want,” in November. “We need…a national rent control standard.” Now, : under Sanders’ housing proposals, all landlords nationwide would only be able to increase rents annually by one a half times the rate of inflation or 3 percent, whichever is higher. Assuming the current CPI for Urban Consumers is the inflation measure used, that would mean a rent increase cap today of just 3.4 percent. Given the likely unconstitutionality of a truly national rent control law, one suspects Sanders should be taken seriously but not literally. What he is really doing here is endorsing a spate of new rent control laws across states, encouraging left‐wing activists to push for mo.
""They’re idiots, they’re really naive," is how Stevie Graham, the co-founder of fintech Teller , once described Open Banking Limited, the body charged with delivering open banking in the U.K. His view back in 2017 — which now looks somewhat prophetic — was that open banking wouldn’t be the competition driver it was hyped up [...]

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