Washington State rent control bill will shrink housing supply and worsen affordability

Washington State rent control bill will shrink housing supply and worsen affordability

The Washington State Legislature recently passed House Bill 1217, often referred to as the “Residential Landlord-Tenant Act,” or the “Housing Stability Act.” The legislation was delivered to Governor Ferguson on April 27 and is still awaiting signature. This bill, essentially a form of rent control, is intended to prevent displacement and enhance housing stability for tenants. However, in truth, the legislation will encourage long-term deteriora…

Housing affordability in the Czech Republic is among the worst in the European Union. This applies not only to buying your own apartment or house (especially in large cities), but also to renting. Their prices are rising with decreasing supply, and the first quarter of this year was no exception. Regardless of...

Rent control was signed into law last week – here’s why it was exactly the wrong thing to do

Mark Harmsworth criticizes Washington's new rent control law and warns of long-term damage to the housing market. The post Opinion: Rent control was signed into law last week – here’s why it was exactly the wrong thing to do first appeared on ClarkCountyToday.com.