Washington enacted a statewide rent-stabilization law in 2025. State guidance says the maximum annual residential rent increase for 2026 is 9.683%, and state reporting has described how the law is being enforced one year later. Supporters say a rent cap protects tenants from sudden displacement and makes housing costs more predictable. Critics say caps may discourage rental investment, reduce supply, or shift costs into fees and stricter screening. A rent cap will not build enough housing by itself, but people also need protection from sudden rent spikes that can push them out of their homes.
Is Washington’s rent cap protecting tenants, distorting housing, or both?