In a recent episode of Real Estate News for Investors, Kathy Fettke discusses how Landlords in Portland (Oregon) and Seattle are being “choked” by new & proposed rental laws. Portland landlords are gearing up for a fight over legislation that would limit their use of an applicant’s criminal history as well as a proposal to reduce income and security deposit requirements. In Seattle, the city is facing a lawsuit over a more stringent version of those rules that were passed last year, and went into effect in February. The bottom-line here is that what starts on the coasts could spread inward…unless it’s stopped.
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