There has been some talk lately about the overall housing stock in the Seattle area, and whether construction has been able to keep up with population growth, or if there is a housing shortage that will lead to another housing boom in a few years. So I thought now would be a good time to…
Tag: supply
King County NOT Running Out of Land
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…
Has Seattle Reached a new Plateau?
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…
Why Inventory Matters
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 images in…
Stupid Legislative "Solutions"
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…