Rent Control ... What happens if the ban lifts?

[Zack Clark]

Washington State legislature is moving on repealing a ban on rent control for the state (in place since 1981) Sounds like cities will have the final say (maybe?) but does anyone deal with rent control issues in their market? Experience with it? Thoughts? Link: (posting from app, not sure it will hyperlink) https://www.seattletimes.com/business/real-estate/rent-control-in-seattle-bill-to-repeal-statewide-ban-in-the-works/ From the article: “The vast majority of economists have said time and again that rent control does more harm than good. But it remains an enticing idea for Seattle renters who face constant worries over whether they will be priced out.”