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Nobody concerned about rent price fixing thinks that we don't also need to build more housing here. This is just another part of the problem. Are you defendin

Nobody concerned about rent price fixing thinks that we don't also need to build more housing here. This is just another part of the problem. Are you defending the practice?

Schiendelman 1y ago
I think it simply doesn't matter. The only reason it could have any impact at all is in an incredibly constrained market. Unconstrain the market and they just won't be able to; it wouldn't work. Also - I don't think it actually affects prices. It's just that they've gotten good at seeking price equilibrium.
- bugglebeetle 1y ago
  “Yes” would’ve been a sufficient answer.
crooked-v 1y ago
And yet action gets taken about the rent price fixing, but not about actually encouraging more building.
- shazbotter 1y ago
  Seattle upzoned huge chunks of the city, allowed ADUs (now two adus are permitted on all lots), and removed single family zoning. All within the past five years. Last year, Seattle built 20% more houses than the highest of any of the previous ten years. (~13k units) And this year we're 11% above last year, so far. What about that is not "actually encouraging more building"? I'd say your data might need revising.
  - Schiendelman 1y ago
    It's honestly not that much. I know it looks good when comparing to recent years, but it doesn't look as good when you look at regional numbers (the city limits don't matter much in a housing market) - and the number of ADUs you can build in the entire city in a year is lower than some single new apartment buildings. We aren't keeping up with demand, much less drawing down the likely hundreds of thousands (seriously) of units we need to allow.
    - shazbotter 1y ago
      That's a different goal post. Seattle is doing things to encourage building housing. Full stop. Which refutes the claim made. Whether Seattle is building enough housing, or whether the region is doing enough to encourage housing development are separate claims.

Nobody concerned about rent price fixing thinks that we don't also need to build more housing here. This is just another part of the problem. Are you defending the practice?

Schiendelman 1y ago

I think it simply doesn't matter. The only reason it could have any impact at all is in an incredibly constrained market. Unconstrain the market and they just won't be able to; it wouldn't work. Also - I don't think it actually affects prices. It's just that they've gotten good at seeking price equilibrium.

bugglebeetle 1y ago
“Yes” would’ve been a sufficient answer.

crooked-v 1y ago

And yet action gets taken about the rent price fixing, but not about actually encouraging more building.

shazbotter 1y ago
Seattle upzoned huge chunks of the city, allowed ADUs (now two adus are permitted on all lots), and removed single family zoning. All within the past five years. Last year, Seattle built 20% more houses than the highest of any of the previous ten years. (~13k units) And this year we're 11% above last year, so far. What about that is not "actually encouraging more building"? I'd say your data might need revising.
- Schiendelman 1y ago
  It's honestly not that much. I know it looks good when comparing to recent years, but it doesn't look as good when you look at regional numbers (the city limits don't matter much in a housing market) - and the number of ADUs you can build in the entire city in a year is lower than some single new apartment buildings. We aren't keeping up with demand, much less drawing down the likely hundreds of thousands (seriously) of units we need to allow.
  - shazbotter 1y ago
    That's a different goal post. Seattle is doing things to encourage building housing. Full stop. Which refutes the claim made. Whether Seattle is building enough housing, or whether the region is doing enough to encourage housing development are separate claims.