SB 6595: The Housing Efficiency and Fairness Act

When it comes to housing policy, City Hall has become impervious to data and reason. We know that the policy of Mandatory Inclusionary Zoning (MIZ) will result in higher prices to cover fees that will be charged to new housing construction, exactly the opposite of what people looking for housing need. We also know the […]

Vox Populis: A Recap of the Public Hearing on Rent Control

Later today we’ll find out whether proposed rent control legislation will live or die. In this guest post by Spencer R. Clark, Vice President of Investments at Marcus & Millichap runs down what happened early this week in the Senate committee that considered the repeal of the preemption of rent control. If the legislation does […]

Does Senator Pedersen Support or Oppose Rent Control in Seattle?

If I were a political consultant here’s the answer I’d advise a Seattle politician to give on the question of rent control if they wanted to win election and preserve some of their intellectual integrity on rent control: “I oppose rent control on the basis that it simply doesn’t work to lower prices for rental […]