Earlier today the City Council voted 7-0 (with one abstention) to approve amended legislation prohibiting algorithmic rent fixing, to protect renters by fighting anti-competitive rent hikes in Seattle. Councilmember Cathy Moore (District 5) sponsored CB 121000, which prohibits landlords from using new software to set higher rents and creates penalties of up to $7500 per...
Tag: Rent Control
Post
Seattle rent control legislation heads to full Council vote after being rejected in committee
A Seattle City Council committee voted against new legislation Friday to establish a rent control policy for the city. The legislation would only go into effect if Washington State repeals laws prohibiting cities from regulating rent. The legislation, sponsored by Councilmember Kshama Sawant, was voted down 2-3 by the Sustainability and Renters Rights Committee. Under...