For those that continue to insist that home prices around Seattle are high because “supply isn’t keeping up with demand,” I would like to point out the 2007 King County Buildable Lands Report.
This is what the report has to say about building activity in King County from 2001 through 2005:
King County gained more than 49,000 [...]
A reader going by the name Angie has been making some comments on a couple of posts the last few days that merit further discussion:
…the fact is that in some places in the US all but the very rich have been priced out forever! NYC, coastal southern California, San Francisco, etc, etc. It’s been that [...]
A Note From The Tim: I’d like to welcome Deejayoh as a poster to the blog. His contributions to the forum have been vast, interesting, and informative. I’m happy to help him bring his insightful analysis to a larger audience. He is a great asset to this community.
Click on any of the [...]
Here’s an article that appeared in the Everett Herald a few weeks ago about yet another misguided legislative attempt to solve the “housing crisis.”
One of the bills Nathan Gorton is backing in the Legislature this year sounds like it makes too much sense to do anything but go down in flames.
What he’d like to see [...]
Check out this absolutely delightful paid advertisement masquerading as a “guest editorial” in today’s Seattle Times. It’s penned by Mr. Samuel L. Anderson, the executive officer of the Master Builders Association of King and Snohomish Counties.
The media have been all abuzz over the past year about the softening in the housing market.
…
At the same [...]
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Why have residential real estate prices experienced an unusually rapid increase in last few years? That’s the big question that we all want the answer to, right? There’s one argument that goes something like this:
There just aren’t enough [...]
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