> Seattle Council committee hears small housing providers' concerns
Seattle Council committee hears small housing providers' concerns
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A business roundtable brought frustrated small landlords in front of the Seattle City Council during Wednesday’s Economic Development, Technology and City Light Committee.
During the meeting, a panel of landlords unleashed a long list of concerns about laws passed in recent years. They told council members that it has created a difficult environment for them to continue to be housing providers. According to the panel, there's been a 14% net loss of rental properties in Seattle in the last four years.
“I don't think anyone would fault me for saying, 'Hey, I don't want to be a landlord in Seattle anymore',” said Ayda, a former landlord who asked that she only be identified by her first name.
She says her Lake City home was trashed by a tenant.
“The tenant that I chose seemed very normal and responsible, but he had poor credit. I took a chance on him,” said Ayda.
READ THE FULL STORY HERE: https://www.king5.com/article/money/economy/seattle-city-council-hears-housing-providers-concerns/281-484b4aba-b04e-41be-a44f-db7b321ea2da