Rents 17% Higher than Last Year

While general inflation year-over-year is up 8.5% and producer prices have increased 11.2%, rents in many major cities have gone up 17%.

President Biden says he's “not too concerned. My rent is paid up until January of 2025 and I have an expense account to cover my other needs.”

Press Secretary Jen Psaki pointed out that “several other initiatives that the President and other Democrats have taken led to decreases in rent in selected areas. The exodus of residents from high-tax and high-crime cities like New York and San Francisco have eased the burdens of rent in those cities. It has been the Democratic Party that has enabled these lower rents. The above average tax rates in these locations were enacted by Democrats—many times over the strident, but ineffective objections of minority Republicans. The more lenient attitude toward persons accused of committing crimes was another successful initiative of our Party. No-bail release of suspects and early release of convicted felons helped create conditions prompting the fearful to leave town. We hope voters will remember what we've done for them to ensure that rents in Democrat-run cities are not too damn high.”

“Republican-run states shunned and often fought against measures we championed,” Psaki pointed out. “Now their red-state voters will be the ones to suffer. Once these voters comprehend the folly of voting GOP they will return Democrat majorities in Congress, state legislatures, governors' chairs, city councils, and mayors' offices up and down ballots everywhere.”