Rent Hyperbole Reaches Portland; Will They Make Seattle’s Mistakes?
Good news and bad news out of Portland; the bad news is that media hype around skyrocketing rents is moving right along just like it is in Seattle. The good news is that Portland is putting its attention on an incentive based, tax exemption program, borrowed by Seattle, to create more affordable units. Here’s the […]
We’re #32!: Seattle Data Doesn’t Warrant Rent Panic
I pointed out yesterday in my post about the Seattle Way that here in Seattle we haven’t been very smart about housing policy. That’s mostly because we rely on data that has no relationship to the housing market place or the way people actually build, finance, and buy housing products. If we look at data […]
O’Brien, Sawant Grandstand While Apartment Owner Fixes Problems
It’s a pretty simple story. A new owner buys a building that has run down from an owner who used the deferred maintenance as a subsidy for lower rents. Often the buildings are so run down they don’t meet City standards for heal the and safety. So the new owner has to make repairs and […]
