City Council Passes Commercial Rent Control, NAIOP Goes Along
Yesterday, the Seattle City Council passed commercial rent control. In a unanimous vote, and using COVID-19 as an excuse, the Council froze rent increases during the declared emergency and required that housing providers that rent to small businesses (50 employees or less) be given a year to pay any unpaid rent from the period of […]
From A Seattle Housing Provider: Don’t Extend and Expand Eviction Ban
I own and manage rental property in your area. I urge you not to vote for the suspension and/or forgiveness of rental payments from tenants to landlords due to the Covid-19 lockdown. The lockdown is unfortunate for everyone but the economic ramifications should not be disproportionately carried by landlords. As housing providers our responsibilities have […]
Gonzalez Proposal Damaging, Morales Resolution Just Politics
Not that long ago I got a few emails and texts telling me that Seattle City Councilmember Tammy Morales is proposing a moratorium on paying rent in Seattle. After swearing a few times (I had just finished a lengthy summary of eviction actions across the country), I thought, “It never stops!” But here’s the good […]