News Hey, Supermajority Democrats!
posted by April 10 at 11:24 AMon
In short: It’s dead for now.
So much for conventional wisdom east of the mountains that Seattle runs the show in Olympia. Heck, even with the urban Democrats in the supermajority (not to mention a House speaker from the urbane 43rd District), the legislation didn’t pass.
The bill would have provided relocation assistance and notice guidelines to tenants displaced by condo conversions.
There were 2,352 condo conversions in Seattle in 2006, which is particularly alarming for low-rent renters given that 3,900 lower-priced rentals have been either converted to condos or filed for conversion in the last two years. The average price of new condos is $250,000.
The version of the bill that got iced didn’t even include an earlier provision that would have put a limit on condo conversions. Dems took out that provision as a compromise to move the legislation. Yeah, that worked.