> Proposal would limit rent increases in Washington
Proposal would limit rent increases in Washington
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Description
Washington state could limit how much landlords can raise the rent.
Bills submitted in the House and Senate would cap rent hikes to 5% a year starting in 2025.
Under the proposals, landlords would need to give renters six-months notice of any increases higher than 3%. Those tenants would be allowed to get out of their leases, if the law passes as written.
When a property is vacated, landlords would be allowed to charge what they want for new tenants.
Read more: https://www.king5.com/article/news/politics/state-politics/limit-rent-increases-washington/281-5f908436-b4d6-4baf-8229-a54c3773ac8e