4 ms·
Seattle has a housing crisis because it has large amounts of the city with extremely restrictive residential zoning and refuses to compromise. They have large a
by observer12 8y ago
Seattle has a housing crisis because it has large amounts of the city with extremely restrictive residential zoning and refuses to compromise. They have large areas where multi-tenancy housing can't exists. Additionally, in the US everyone believes housing is not a depreciating asset. There is a reason Tokyo is the largest city in the world while being significantly cheaper to live in then similar cities.
- apendleton 8y agoOf course. This is true of New York as well, especially outside of Manhattan. I, too, would prefer a regulatory environment that allows for denser construction. None of that changes the fact that the regulatory environment is what it is, and as a practical matter it limits the extent to which people are able to move to either city to work for Amazon.
- lenocinor 8y agoAt least NYC has New Jersey next door, the densest state in the union: https://www.worldatlas.com/articles/most-densely-populated-u-s-states.html https://www.worldatlas.com/articles/most-densely-populated-u... But I hope NYC will still work to fix this problem.