Letter to Apt. In particular, we hope you can help us address the skyrocketing cost of rental housing throughout our neighborhoods. Many Seattle residents depend on rental units for a place to call home.
Renters are always vulnerable to rent increases.
Unlike homeowners, they cannot budget for steady mortgage payments over many years. For many, even a modest increase can force them to move. As a result, Seattle's housing boom has been particularly difficult for renters. We have each talked with many people who have told us of repeated, significant rent increases, of having to move over and over, each time with a little more desperation as the housing market tightens. We've talked with seniors who face an uncertain future after, in some cases, twenty or thirty years at the same place.