New Regulations for Seattle Rentals
So earlier this week, the Rental Registration and Inspection Ordinance Program, or RRIO, was initiated. We had a pretty heated discussion today during my agency’s Monday morning meeting. If you’ve ever rented in the U District, I’m sure you’re jumping up and down in celebration over this.
Whether you are a renter or homeowner, it would be good to take a look at this program and make yourself aware of it. Upon reading everything, it seems very straightforward. I think this will be a huge positive for the renters of Seattle.
Personally, I think it’s great. You have inspections and regulation on the places you pay to eat; why shouldn’t you have inspections and regulation on the places you live?
I’ve heard a lot of negative opinions today about how this will: a) raise rental prices, because cheap places need to be updated; b) cause people who own single family home rentals to sell to avoid regulation; c) cause a crackdown on illegal dwelling spaces in Seattle, and d) these nickel-and-dime requirements will make it too hard for most people to continue to rent out their spaces.
I don’t buy any of it. Almost all of these regulations are represented in city and state building codes. Frankly, most of this is common sense. Landlords are given 60 days to have a city or private inspector come and inspect their rental. If your rental is between 2 and 20 units, only 2 will be inspected. If it’s larger than 20 units, only 15% of units will be inspected.
What are your thoughts? Please post them in the comments below. As always, please feel free to share with others. Constructive conversation never hurt nobody.