Rent cap proposal clears first hurdle in WA House
Caps on yearly rent increases are one step closer to becoming law in Washington.
The House Housing Committee on Wednesday approved a bill that would limit rent increases to 7% for existing residential tenants. It passed on a one-vote margin with one Democrat, Rep. Adison Richards of Gig Harbor, voting against it.
Supporters of the proposal say it will help tenants stay in their homes and provide predictability in their housing costs. Opponents, however, say it could hurt small landlords and hinder new housing construction in Washington.
“This bill is about basic fairness,” sponsor Rep. Emily Alvarado, D-Seattle, said. “Our constituents are asking for relief on excessive rent increases now.”
https://washingtonstatestandard.com/briefs/rent-cap-proposal-clears-first-hurdle-in-wa-house/