4 ms·
>Not to mention the absurd qualifications one needs to rent. This was probably prompted by the Covid rent restrictions. Landlords (especially smaller ones) don
by jdhn 5y ago
>Not to mention the absurd qualifications one needs to rent.
This was probably prompted by the Covid rent restrictions. Landlords (especially smaller ones) don't want to rent to someone who can avoid paying rent due to government decrees.
- seanmcdirmid 5y agoYa, you can’t restrict the market and still keep it capitalist. In Seattle, new regulations on price increases along with an indeterminate moratorium on evictions is definitely going to make landlords really careful on credit checks. I also wouldn’t be surprised if the low end rental markets disappear completely as they become too risky to operate in as landlords.
- nradov 5y agoAt the very low end there will still be a market for Section 8 housing.
- seanmcdirmid 5y agoYa, but it is going to suck for those who don't qualify for section 8 yet can't afford high end rents. Probably the government will come in fill those gaps long term.
- fish_phrenology 5y agoHaving rented in Seattle for 6+ years at essentially the lowest non-subsidized price point, these existed before, along with a variety of other problems.