It’s a pretty simple story. A new owner buys a building that has run down from an owner who used the deferred maintenance as a subsidy for lower rents. Often the buildings are so run down they don’t meet City standards for heal the and safety. So the new owner has to make repairs and […]
Over at the City Builder page on Facebook there’s been a fair amount of confusion about the idea that we’re not in a rental housing crisis — at least in terms of price. It’s worth watching the video and reading the original blog post on his site.
I was sitting a meeting about affordable housing last week hosted by Seattle City Council candidate Lorena Gonzalez. The emphasis was “social justice” and housing. Gonzalez, after listening to a discussion about housing prices and City policy, concluded that the best way to understand and deal with rising housing prices was to look at the […]