Where Are Rents Rising Fast? Not Seattle.
I’m not going to write much, just link to a recent study of rents nationwide by Apartment List, a paragraph and two images. Here’s the paragraph: City rankings change substantially from year to year. From 2017 to 2018, Seattle experienced the largest drop in the rankings, after experiencing rent growth above 5 percent for each year […]
Council Flips and Flops: Repeal of Tax on Jobs Set for Noon Today
What’s a more stunning indictment of an elected body, making horrible policy on weak principles or, when confronted with an angry public after doing that, doing a 180 and repealing the policy? The Seattle City Council will have done both when later today by most reports they will repeal the tax on jobs they passed […]
Fear, Loathing, and Confusion Persist About Mandatory Inclusionary Zoning
Last week the Puget Sound Business Journal ran a story called “Ahead of HALA: Fear and loathing among small real estate developers.” The story is locked behind a pay wall, but here’s a key paragraph: HALA is built on the idea that even with the added fees, the MHA program is worth it since developers […]
