More Evidence: Increased Housing Supply Leads to Lower Prices
The idea that increasing housing supply—building more housing units of all kinds—has a beneficial impact on housing price is still very controversial in Seattle. Intuitively, people know that when there is more of something for sale, the price of it naturally begins to fall. But there is stubborn view here that making more housing doesn’t […]
“You May Not Like My House, But I love It!”
About 18 months ago, my family and I moved into a new modern home built in beautiful Madison Valley in Seattle. We love the location: its proximity to parks, restaurants, and other amenities, and the fact that it would cut our daily commute to work in half. We love the house built by GreenLeaf Construction. […]
It Takes All Kinds: Housing Supply, Choice, and Variety
Housing, like people, comes in all shapes, sizes, and colors. New housing in single-family neighborhoods doesn’t all look the same. Diversity and variety are good things. Some opponents of new single-family housing argue that new housing is too big. But the facts tell a different story. Here’s an image that shows a typical block face […]
