Cliff Hockley Consulting, LLC.

The rent stabilization bill, which sought to cap yearly residential rent increases at 7%, has hit a roadblock in the Washington State Legislature. June Robinson, the Senate Ways & Means Committee Chair, announced that HB 2114 would not move forward, citing a lack of bipartisan and internal Democratic backing. Now we can push for real solutions like an expanded voucher system to address the affordability issues. #WashingtonState #Rentcontrol #Legislature #HousingAffordability

Interesting article in the Wall Street Journal on the move from high tax to low tax states. A few years ago, I had a conversation with one of our leading state politicians that the increasing state and local taxes in Oregon was causing clients to look at changing their residency to states that had no state estate tax. He wasn’t concerned, pointing to the high in-migration of young professionals. Now Oregon is losing population. Deaths are exceeding births and the bloom is off the proverbial rose on in-migration due to high housing costs and increased crime. This will affect Oregonians prosperity as more high earning jobs and wealth move elsewhere.

Germany Tests Electric Highway For Trucks! The eHighway system by Siemens Mobility is an innovative solution for road freight transport. It provides power to hybrid trucks from an overhead contact line, reducing energy consumption by half compared to conventional internal combustion engines. This technology significantly minimizes local air pollution, contributing to the decarbonization of the transport sector. The system aims to offer a reliable and environmentally friendly alternative for freight transport, particularly when shifting to rail has limitations. Follow Endrit Restelica for more tech stuff. #ai #tech #innovation