How to dry up the rental market in Seattle

12 July 2006
Some cities do more for renters. San Francisco allows only 200 conversions a year.
San Diego requires converted buildings to have units set aside for households earning
less than median income. The mayor of Somerville, Mass., a Boston suburb, recently
proposed that landlords give elderly residents four years’ notice before turning an
apartment into a condo.

Still, she said the last three months in her apartment were a “nightmare.” She’d like
to see city officials provide more financial aid to renters and require developers
to give them more than 90 days’ notice before conversions.

The type of control she seeks is
called… renting buying a house (condo, whatever).

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