"Kenhouse" and I think along the same lines. My current tenants have occupied my rental for 32 months. They pay the rent on time - a rent I haven't raised since they moved in. They treat the home with care and I take care of them and it. It is indeed a win-win for all. However, if Olympia makes owning a rental so onerous for the landlord, I would put it on the market (and offer it to the occupying tenants first). Since I bought the home over 4 years ago, it has appreciated in (estimated) value by 80%. So, go ahead Olympia and cause me to sell it; that'll be one less rental available to those seeking one.
From Seattle's K5 news on April 27:
"Small landlords say Seattle’s rental laws are running small providers out of the city.
Data from the city, analyzed by the Rental Housing Association of Washington, shows Seattle lost 3,407 properties in 2021. That is equivalent to 11,521 units.
Roughly 2,500, or 75%, of those properties were single-family homes, which are typically owned by small landlords."
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