Jonathan Swift Offers A Modest Proposal for Seattle’s Homeless Encampments
I really appreciate the steady and balanced coverage of Seattle’s ongoing discussion and debate over homeless encampments by Erica Barnett of C is for Crank (see her latest post, “Council Skeptical of Plan That Could Require Moving the Homeless Out of Town“), Josh Feit of Publicola, and Heidi Groover of The Stranger. This is a […]
Rent Control: Large Corporate Land Lords Win
I’ve already covered the folly of rent control and really all price controls in other posts. When government tries to control prices because of inflation, prices simply go up and supply disappears. Without any motivation to produce more housing it becomes even more scarce. Furthermore, housing becomes more difficult to maintain and operate because mosts costs […]
Foreign Investor Menace? No, Just Build More Housing!
There is a scary story being told around campfires and coffee shops about shadowy foreign investors, mainly from China, who are buying up all the housing in Seattle and Vancouver, B.C. and then leaving the housing vacant. This, the story goes, is why rents have been going up. As the problem spreads local media and even […]