💨 Abstract

**Summary:** Washington state Governor Bob Ferguson has signed a rent stabilization bill into law, capping rent increases at 7% plus inflation or 10%, whichever is lower. The bill, House Bill 1217, aims to protect tenants and curb homelessness, following similar measures in Oregon and California. It includes single-family homes and manufactured homes. Despite initial amendments and opposition, the bill passed with a 54-44 vote.

Courtesy: wtop.com