@[email protected] to politics @lemmy.world • 2 months agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.commessage-square69fedilinkarrow-up1324cross-posted to: [email protected][email protected]
arrow-up1324external-linkBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.com@[email protected] to politics @lemmy.world • 2 months agomessage-square69fedilinkcross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish2•2 months agoNo, you can still own ONE hotel. The reason why hotel prices are so high in the US is because of the Patel Cartel.
minus-square@[email protected]linkfedilinkEnglish1•2 months agoThey own a bunch of chain hotels (Best Western?), and fix prices. The US has among the highest rates for hotels in the developed world. I recently went to Germany and for the same price I got 4 star amenities for what I’d pay for a very basic motel.
Wait - are you canceling hotels?
No, you can still own ONE hotel. The reason why hotel prices are so high in the US is because of the Patel Cartel.
The Patel Hotel Cartel? Do tell.
They own a bunch of chain hotels (Best Western?), and fix prices. The US has among the highest rates for hotels in the developed world. I recently went to Germany and for the same price I got 4 star amenities for what I’d pay for a very basic motel.