A common argument about housing prices that I’ve personally noticed popping up frequently in the last few weeks is that they are as high as they are here in King County thanks in very large part to the Growth Management Act (GMA). Specifically, the argument claims that the Urban Growth Boundary (UGB) has so limited…
Tag: no_land
What to Blame? Not Growth Management.
Here’s a guest editorial from today’s Seattle Times that says something I’ve been saying all along: The “home prices are high because we’re running out of land because of Growth Management” argument doesn’t hold water. The cost of housing is spiraling out of control in many parts of the Puget Sound region. King County is…