US EditionIn response to alleged price fixing, Washington legislators attempt to brake soaring housing rent. Tri-Cities increases are among the highest in the state.
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In response to alleged price fixing, Washington legislators attempt to brake soaring housing rent. Tri-Cities increases are among the highest in the state.
Washington legislators want to put the brakes on statewide housing rent that has become one of the highest in the country. A bill introduced in the Washington State Senate, SB 5469, would prohibit algorithmic rent fixing and noncompete agreements in the rental housing market, a system used by software company, RealPage, which has been accused of fueling the increases. Benton County average rent increased 2.7% since 2023 and 32.9% since 2019. Du…
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