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 […]
California Study: More Private Development Means Lower Rents
It’s red herring week here at Smart Growth Seattle and today we put the “building new market housing causes displacement” and “inclusionary zoning helps that problem” red herrings in the compost bin. The headline of the blog post summing up a California Legislative Analyst Office (LAO) study says it all: Want to Slow Displacement? Then Build […]
I Can’t Imagine . . . The Seattle City Council Making Good Housing Policy
I call it the, “I can’t imagine . . . “ movement, an effort now being taken up by Councilmember Lisa Herbold to preserve what she’s calling “Legacy Businesses,” which have, as is usual with these sorts of things, been defined only vaguely and with anecdotes. According to her website, Councilmember Herbold has been accumulating […]
