Grand Bargain: This Isn’t Going to be Easy

I was on the Seattle Channel last week with Councilmember Mike O’Brien, Eastlake resident and micrhousing opponent Linda Alexander, and affordable housing developer and Grand Bargain signer Bill Rumpf. If you watch this whole show you’ll notice that the Grand Bargain is a lot more complicated than the group Seattle For Everyone (a group organized […]

‘Equity’ is a Cover for Redistributing Wealth to Single-Family Home Owners

Equity Teles

The housing discussion in Seattle is  so rife with jingoism and rhetorical sawdust that trying to figure out what the housing problem ( if there is a problem at all) might be and how best to solve it is exceedingly difficult. Phrases like “social justice” and “equity” are frequently thrown about and it is impossible to tell […]

Commercial Linkage: Math that Makes You Go “Hmmmm.”

Commercial Math Post

For years we’ve been saying that the best thing to do if we want housing prices to stabilize or even go down is to build lots more housing, including subsidized housing. The basic economic principle is that price—whether it is for an apple at the local grocery store or Napoleon’s hat—is a quantitative measure of […]