An Answer to Stabilizing Rental Markets: Unit Size
Imagine a young adult, fresh out of college and entering into the housing market for the first time. She needs to live close to transit for an internship opportunity downtown, but she is cash strapped. She cannot afford the market rate $1,500 for a studio apartment. She is willing to sacrifice square footage for better […]
Surprise! Taxes (and Fees) are Paid by Consumers
The City Council is beginning the process of passing its version of Mandatory Inclusionary Zoning (MIZ), Mandatory Housing Affordability. This will charge fees on every square foot of new housing in the City beginning later this year. It’s called a fee, but it really works more like a tax, taking money from the market’s production […]
Where Did Everyone Go? Twitter!
I’ll admit that awhile ago, I shifted away from social media and comment sections as my preferred location for engaging on the topic of housing and economics. It wasn’t necessarily a conscious choice, but part of a changed dynamic in the discussion. In Seattle, it’s almost as if people said everything that could be said […]
