White House targets ‘junk fees’ as rent prices soar under Biden administration
Fox News
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.
Patrick Hauf is a politics writer for Fox News Digital.
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.
Joel Griffith, a research fellow in the Thomas A. Roe Institute for economic policy studies at The Heritage Foundation, said the announcement from the White House "masks the true drivers of this problem" of skyrocketing rent prices under President Biden's lead.
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