[WSBARP] Landlord Question - Next legislative session

[Rob Rowley]

In general, the art of government consists of taking as much money as
possible from one class of citizens to give to another.  Voltaire.







*From:* wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com>
*On Behalf Of *Chris B
*Sent:* Thursday, December 17, 2020 10:59 AM
*To:* WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
*Subject:* Re: [WSBARP] Landlord Question - Next legislative session



I just entered into an agreement to sell 4 of my 12 rental homes as a
package.  All will be town down and replaced with McMansions. These are
nice homes that I am proud to own, two of which have tenants in them for
more than 10 years.  While all my tenants are current in their rent, I no
longer wish to be in the rental housing business in a state that is clearly
trying to kill that business.



As they say, it is “a feature, not a bug.”



Chris Benis

Hecker, Wakefield & Feilberg, P.S.

321 First Avenue West, Seattle, WA  98119

206.447-1900 office – 206.447.9075 fax – www. heckerwakefield.com



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*From:* wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com>
*On Behalf Of *Rani K. Sampson
*Sent:* Thursday, December 17, 2020 10:51 AM
*To:* WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
*Subject:* Re: [WSBARP] Landlord Question - Next legislative session



The long-term consequences of forcing landlords to absorb large financial
losses are predictable:  landlords will liquidate their real estate
investments (they’ll sell).  Tenants will have much less housing to choose
from.  Rental houses will be incredibly hard to find.  The void might be
filled by corporate landlords building apartments or government landlords
building projects.



This is very bad for tenants, long term.  The loss of rental housing will
affect all of us.



*Rani K. Sampson*

Overcast Law Offices | Attorney

23 S Wenatchee Ave #320, Wenatchee WA 98801 | (509) 663-5588 x 6



*From:* wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com>
*On Behalf Of *Kary Krismer
*Sent:* Thursday, December 17, 2020 10:37 AM
*To:* wsbarp at lists.wsbarppt.com
*Subject:* Re: [WSBARP] Landlord Question - Next legislative session



You're generalizing.  The moratorium protects an entire class regardless of
their need, at the expense of another class, regardless of their need.  If
it were based on economics I'd have little problem with it, but it's not.
Beyond that though, I'm worried about the long term adverse effects on
those who actually need the protection.  The moratorium may have given them
a false sense of security and lead them to make bad decisions.  Back when I
practiced law I did primarily debtor bankruptcy and the moratorium is
likely causing people to make decisions that no competent financial planner
would ever advise them to make.

Also, you can't even assume someone who rents cannot afford to own.  They
may just not wish to own for many different reasons.

Kary L. Krismer

206 723-2148

On 12/17/2020 10:20 AM, Andrew Hay wrote:

I will take the pro moratorium position.  Donning my suit of armor at the
same time…..



This is a time of great economic pain due to a pandemic unequaled by any
health crisis in 100 years.  The moratoriums are a policy protecting the
most vulnerable people in the population as a whole – renters.  As a group
they are either poor or old or both.  They are people who can’t afford
homes due to lack of wealth.




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