The Trouble With Progressives: They’re Sometimes Not Very Progressive
All the talk of rent control and linkage taxes on new housing culminated for me on Sunday with a Facebook post. The post was about an article on income inequality. It’s the kind of wonky post I find mixed in my feed with baby pictures and Instagrams of people’s lunches and vacations. The thread, including […]
44 Percent of Rental Units in Seattle Between 0-80 AMI Have Rent Restrictions
I have already pointed out before that rent control (really a price control) won’t work. Price controls never work to do the thing they are supposed to do: lower prices. And there is almost unanimity among economists who haven’t just speculated theoretically on the topic but studied it that rent control doesn’t work. But what […]
Low-Rise Legislation Set for June Consideration
It appears that the denouement of low-rise legislation lies just ahead of us. Councilmember Mike O’Brien’s office has published a Council Bill that will finally resolve the question of “fixing” the low-rise zone. We strongly feel that there is nothing to fix. The whole low-rise saga began at the end of 2013 when some neighbors, […]