Governor Bob Ferguson of Washington has signed a series of ten new housing bills, including a significant rent cap aimed at stabilizing housing costs across the state. The new law imposes a cap on rent increases, limiting them to a maximum of 10% annually, in an effort to curb rent gouging and bolster tenant protections. While the legislation has been hailed as a significant step toward affordable housing by many advocates, it has also sparked concerns among some lawmakers who argue it could have unintended consequences. The range of housing bills aims to address urgent needs within the housing market and provide better protections for renters.