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Seattle Bubble Forum Archive • View topic - Rules add 200K to Seattle home prices

Rules add 200K to Seattle home prices

Anything and everything relating to Seattle-area real estate.

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Rules add 200K to Seattle home prices

Postby david_mcmanus » Thu Feb 14, 2008 7:46 am

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Re: Rules add 200K to Seattle home prices

Postby Alan » Thu Feb 14, 2008 8:49 am

Straight from the horse's mouth:

This discusses some of the references and rationale behind the paper: http://depts.washington.edu/teclass/landuse/

and

This is summary of the data with respect to the Seattle area: http://depts.washington.edu/teclass/landuse/Seattle.pdf

The full paper examining 250 major cities is here: http://depts.washington.edu/teclass/lan ... 020408.pdf
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Re: Rules add 200K to Seattle home prices

Postby jjl » Thu Feb 14, 2008 10:17 am

Whew, have we been vindicated now as not to be the greedy commission hungry realtors that all the boards accuse us of being.
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Re: Rules add 200K to Seattle home prices

Postby deejayoh » Thu Feb 14, 2008 10:22 am

this goes back to the "cost drives prices" argument. Rules may have added $200k to the price of building. Not to the price of the home. Market sets prices.

Oh, and FWIW, townhomes cost less than $200k per door to build.
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Re: Rules add 200K to Seattle home prices

Postby Alan » Thu Feb 14, 2008 10:28 am

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Re: Rules add 200K to Seattle home prices

Postby The Tim » Thu Feb 14, 2008 1:04 pm

I read a fair amount of Mr. Eicher's study, and it's quite exhaustive. I wouldn't even begin to compare my back-of-the-napkin style calculations with his in-depth analysis. I do have some questions about the study though, which I address in .
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Re: Rules add 200K to Seattle home prices

Postby aldreth » Tue Feb 19, 2008 9:04 am

"driven up $200,000 by good intentions."

---Lost me right there... What a dumb and baseless article.
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