Posted by: The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

2 responses

  1. There’s no shortage of land where these regs are in force, so no, I don’t think it will influence housing prices.

  2. If land squeeze was a factor in keeping RE prices aloft, values would never have fallen in Tokyo, Manhattan or Hong Kong, to name just a few.

    RE down-cycles are affected by a lot of things, lack of land, isn’t one of them- although it’s always a primary “reason” given for RE up- cycles!

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