Seattle wants to be like San Francisco! - New Rental Laws Passed!

[Troy Fisher]

http://www.seattletimes.com/seattle-news/politics/...

What do you think about the new First Come-First Served regulations?  Along with the strengthening of the "source of income" protected class.  This means that someone who rents from you and has "rental subsidy" from a Non-Profit is the same as someone who has a job that pays the same.  And if the "rental subsidy" individual applies first, assuming all else is equal, they not only have to be chosen.  However, what guarantees that the subsidy is going to be renewed in the next year?  Suppose they rent in june for 12 months, and the Non-Profit doesn't get the same level of funding the following year?

This is an attempt by our very left leaning city council to regulate the crap out of land lording in the city of Seattle. But it opens the door for landlords to increase rents and toughen requirements (we are now required to tell each applicant our "minimum" rental requirements) which of course means that property prices are going to be on the rise.  Watch out San Francisco, we are tired of being the "little" City by the Sea, and are trying to outpace your growth and national fame as an almost impossible place to find an affordable place to rent.

[Jay Hinrichs]

@Account Closed