We Don’t Need Rent Control!
I have a guest editorial at Publicola about rent control. The editorial goes through what I wrote about earlier this week about the fact that we already have lots of rent restricted units in town and that we can always add more. Publicola published my modification of Councilmemer Sawants Soviet style posters calling for rent […]
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, […]