https://en.wikipedia.org/wiki/Washington_State_Growth_Manage...
http://www.seattle.gov/dpd/cityplanning/completeprojectslist...
https://en.wikipedia.org/wiki/Washington_State_Growth_Manage...
http://www.seattle.gov/dpd/cityplanning/completeprojectslist...
Seattle, Vancouver, SF, etc need to upzone, to permit more development, so that supply can meet demand. As I understand it, that upzoning is not happening nearly fast enough.
Public transit initiatives trigger (begats?) upzoning. This is an end run around the regressive restrictions on property taxes and entrenched NIMBYism.
I fully support it. Whatever works. I wish my peeps working on affordability, homelessness, economic justice would put less emphasis on set asides, protecting older listings, etc, and place more emphasis on increasing inventory.
One potential monkeywrench of increasing supply is absentee landlords. I just read something like 1/3rd of Vancouver properties are owned by Chinese investors. Which I'm totally cool with so long as the units are mostly occupied.
We have to do increase all modes of transportation. The problem with this proposal is that it will take 25+ years. We need a 10 year version of this plan. Charge us rich programmers more, we can afford it.