A long, long time ago in an empire far away, an emperor decreed that prices were going up too fast and too high and he imposed a regime of price controls on everything from wheat to labor. The penalty for violating the controls was death. The emperor was Dioclectian, and in spite of his track […]
Last week I got an email from a supporter with the words “another example of why we can’t build enough housing” in the subject heading and the following clip from the Daily Journal of Commerce. I’ve put an emphasis on key points in the text. New plan for Avalon site totals 40 units, not 102 […]
You’ll hear a lot of people hand wave the notion that Seattle will get rent control anytime soon. Even the legislative proponent, Representative Nicole Macri, says she thinks it will be a struggle. But here’s how it might play out. My job is to worry about the worst case scenario. Here’s the worst scenario I […]