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The Economist

Leading economists share their thoughts on money, rates and prices

The Economist

Rent Stabilisation: Controls by another name

Rent Stabilisation: Controls by another name

The Washington State House has passed a bill to cap rent increases at 7 percent a year. The Senate has yet to vote on it, and the governor has not taken a position. If enacted, this law would hurt renters, including low-income renters. Advocates of the legislation call it “rent...

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