๐Ÿ“• Node [[rent]]
๐Ÿ“„ rent.md by @neil ๏ธ๐Ÿ”— โœ๏ธ

Rent

Rent, in other words, is not just an economic phenomenon: itโ€™s a reflection of the prevailing political order, and the struggles that define it

โ€“ [[The Rent Is Too Damn High]]

This โ€˜30% ruleโ€™ has its roots in American president Lyndon B. Johnsonโ€™s โ€˜Great Societyโ€™ programmes, when, following 1968โ€™s Housing and Urban Development Act, legislation was passed capping rents in public housing at 25 per cent of residentsโ€™ income. This in turn was raised to 30 per cent in the 1980s

โ€“ [[The Rent Is Too Damn High]]

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