I don’t know about Washington State, but Oregon’s rent control is capped at 7% increases after inflation per year, which isn’t exactly stopping market forces.
Now, I agree with you that rent controls are bad, generally, but a system simply reasonably dampens real price increases, rather than eliminating them altogether is effectively a different kind of law. I don’t support it, but I think it’s reasonable.
That from one of the most progressive states in the nation. It’s not socialism.
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