Voters are frustrated and willing to try just about anything to address expensive housing (just like voters backed the monorail multiple times) - the rub will be can this board deliver (I hope they can, I doubt they will based on how difficult it is to build, rehab, etc. housing in Seattle). My hope is if this effort stalls, there will be renewed focus on addressing the underlying hurdles to building housing.
Prediction: In two years nothing will have happened and the progressives will be launching another initiative saying one more tax increase will do the trick this time.
@1 it’s unlikely because for urbanists increasing density is as much about punishing who they view as rich as it is about actually solving housing. They’ll spend loads of time and money trying to build in magnolia or Madison park because equity rather than focus on building in already upzoned areas close to transit and services. Just today they were droning on about abolishing broadmoor. Hopefully I’m wrong but I’ve seen this pattern play out time and again.
Prop 1a passage is awesome! I'm looking forward to see what can be done for $50 mil a year. Not much for housing in Seattle but absolutely a step in the right direction. Especially if rent generated can pay for future projects... ala Vienna.
Perhaps more important is this step towards progressive taxation. Some people understand why taxing the poor at a rate of 17% and taxing the wealthy at a rate of one or two percent is inherently injust. But those who don't understand this need to be drug along by their noses.
Go Burien! Proud of my hometown telling business owners that living wages are non-optional. If a business plan relies on paying sub living wages then that business needs to move to a red state. Don't let the door hit you on the way out cheap ass!
As Trump and the tech bros try to destroy the federal government, take down the banks and crash the whole financial system for their blockchain utopia, we need a PUBLIC BANK more than ever to fund these projects in the public interest (like social housing).
Again, the businesses will paper xfer their executives, who mostly de-facto WFH or on travel out of the city. No income in the jurisdiction, no tax. Watch the revenue stream come in way lower than planned. Then will come the middle-class tax hit.
Voters are frustrated and willing to try just about anything to address expensive housing (just like voters backed the monorail multiple times) - the rub will be can this board deliver (I hope they can, I doubt they will based on how difficult it is to build, rehab, etc. housing in Seattle). My hope is if this effort stalls, there will be renewed focus on addressing the underlying hurdles to building housing.
Prediction: In two years nothing will have happened and the progressives will be launching another initiative saying one more tax increase will do the trick this time.
@1 it’s unlikely because for urbanists increasing density is as much about punishing who they view as rich as it is about actually solving housing. They’ll spend loads of time and money trying to build in magnolia or Madison park because equity rather than focus on building in already upzoned areas close to transit and services. Just today they were droning on about abolishing broadmoor. Hopefully I’m wrong but I’ve seen this pattern play out time and again.
District13 dear, a battle of Broadmoor would be hilarious.
Has anyone told them about Sandpoint/Inverness? Wait until they learn about Shoreline (Innis Arden and The Highlands)
Prop 1a passage is awesome! I'm looking forward to see what can be done for $50 mil a year. Not much for housing in Seattle but absolutely a step in the right direction. Especially if rent generated can pay for future projects... ala Vienna.
Perhaps more important is this step towards progressive taxation. Some people understand why taxing the poor at a rate of 17% and taxing the wealthy at a rate of one or two percent is inherently injust. But those who don't understand this need to be drug along by their noses.
Go Burien! Proud of my hometown telling business owners that living wages are non-optional. If a business plan relies on paying sub living wages then that business needs to move to a red state. Don't let the door hit you on the way out cheap ass!
As Trump and the tech bros try to destroy the federal government, take down the banks and crash the whole financial system for their blockchain utopia, we need a PUBLIC BANK more than ever to fund these projects in the public interest (like social housing).
@6 hmmm. perhaps
a co-op, including
the Post Office?
micro-loans!
social housing!
worker-owned bizz
let's just call it a Bingo.
Glad to see the people win for a change! Must be partly due to the turn-out for the schools, as well.
Again, the businesses will paper xfer their executives, who mostly de-facto WFH or on travel out of the city. No income in the jurisdiction, no tax. Watch the revenue stream come in way lower than planned. Then will come the middle-class tax hit.