The White House announced a plan Wednesday to coordinate with rental housing platforms and local lawmakers to counter 'junk fees' often hidden from consumers who rent.
‘Outnumbered’ panel discusses Biden’s meeting with Israel President Herzog and his overall concerning behavior on the world stage
The announcement includes a promise from Zillow, Apartments.com, and AffordableHousing.com to provide upfront cost information on rental properties that includes fees for services such as applications, online payments, mail sorting and trash. The administration has worked with state lawmakers to pass laws that require landlords to include these sorts of fees in their online listing instead of putting them into a contract at the last minute.
The median price of rent has hiked roughly 25% under the Biden administration, from $1641 in January 2021 to $2029 in June 2023, according to rent.com.
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