Go Read Kshama Sawant's Reddit
@13
"... the inventory of rental property in Seattle is increasing at a high rate, and all rental prices are going up."
Then build and build and build.
But Sawant backs rent control and at the same time limits supply of new housing.
The obvious answer should be to build more for god's sake. Build more and more until prices are stable or move with general rate of inflation. There is a huge amount of land available. There is huge amount of capital. Why is there not new housing being built on every block? Because TOO MUCH SINGLE FAMILY ZONING.
Why do I think Sawant backs rent control and at the same time limits supply of new housing?
Not sure why she takes that stance but I assume two things:
1. NO ONE I KNOW (all SF homeowners) would vote for massive up-zone of Seattle. So no politician can get into office on that basis.
2. Rent control (like anti-abortion for right wing know-nothings) is a good political talking point.
"... the inventory of rental property in Seattle is increasing at a high rate, and all rental prices are going up."
Then build and build and build.
But Sawant backs rent control and at the same time limits supply of new housing.
The obvious answer should be to build more for god's sake. Build more and more until prices are stable or move with general rate of inflation. There is a huge amount of land available. There is huge amount of capital. Why is there not new housing being built on every block? Because TOO MUCH SINGLE FAMILY ZONING.
Why do I think Sawant backs rent control and at the same time limits supply of new housing?
Not sure why she takes that stance but I assume two things:
1. NO ONE I KNOW (all SF homeowners) would vote for massive up-zone of Seattle. So no politician can get into office on that basis.
2. Rent control (like anti-abortion for right wing know-nothings) is a good political talking point.
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