Socialist policies are why housing is expensive in Seattle
Seattle and Washington have some of the most aggressive anti landlord laws in the country. Tenants can stop paying rent, it takes over a year and a lot of fees to get them out, the landlord never recovers the lost rent, and if the tenant can trashes the place on the way out there is nothing that landlord can really do. https://www.kiro7.com/news/rainier-homeowners-lives-van-while-delinquent-tenant-lists-rental-airbnb/KHY35IOCC5DMDHE5KYLZVK3QFA/ Couple those with laws that prevent doing complete background checks on tenants and make it illegal to choose who you want to rent to (must take the first application so you don't discriminate against black renters). The result is that hardly anyone wants to be a landlord in this State, so no rental units are created. This results in a dramatic shortage of housing which spikes prices. Meanwhile the state floods money into ludicrous projects to build low income housing, like this one where over a hundred government funded employees ran a program that housed 200 people. Yes, the government is paying one full annual salary for every two people houses, and that's not even including the cost of the housing https://www.king5.com/article/news/local/seattle/king-county-regional-homelessness-authority-closing-partnership-zero/281-ff067a8a-8396-4e7c-9a3c-278a6133b87b And that continues to be the socialist answer Inslee's "solution" is to raise more taxes to waste more money on more utterly inefficient government home building https://crosscut.com/politics/2023/01/how-was-legislature-addressing-housing-crisis-2023 Never occurred to him to make it easier to be a landlord? These socialist are a total joke and the homeless issue in the city of absolutely the result of their dumb policies, fucking over landlords while failing in predictable ways with wasteful programs funded by your taxes. Of course this means there if no budget left to pay for roads or anything.
KIRO 7 News Seattle
KING
Crosscut
This is one of the dumbest things I've read on this platform in a while. And that includes the idiot supporting gun violence, since at least he got reported off the platform.
This^^ This is the dumbest thing I’ve read on this platform.
Ok comrades
Socialism basically means everyone’s paying more and more in taxes, but the government, who’s collecting the cash, does NOTHING about the problems. So, the issues stick around, tricking people into shelling out even more money until the end of the time
No, as a landlord, I charge higher rent because there is less competition and too many people competing to rent. The laws are annoying, though. If we got rid of zoning across the city and let people build dense s*** everywhere, housing would probably go down in price.
Oh, poor landlords, boo-hoo. My heart is bleeding for the lazy leeches.
Spotted the socialist
Meta employee calls landlords leaches.. hello pot, meet kettle.
Rent control is the only reason NY isn't London.
None of these are actually socialist policies. A socialist policy would be public housing made available for those who can’t find a place to live in.
That's literally what the state is doing, see third link. They are full time employing a government funded worker for every two people housed.
Anti landlord policy doesn't prevent affordable housing. I'm a landlord too, and I don't like policies like that. But no way that is the reason for high housing cost. There are way more policies than prevent building more housing. NIMBY policies that restrict density, high red tape for approving new constructions etc
Yes it does. It discourages building new rental units which means supply fails to keep up with demand. If supply exceeded demand prices would fall. "Affordable housing" just means the cheapest end. Even if all the new housing is luxury housing the wealthy will move out of other places and the total supply/demand curve will shift.
https://betterdwelling.com/its-not-just-toronto-most-of-ontarios-condos-are-investor-owned/ There are Canadian cities with almost 80% investor ownership. It doesn't get more favorable than that. Rents are definitely not cheap in those cities.
“socialist policies” tell me you’ve never lived in a socialist country without telling me lol
Government funded housing isn't socialist?
you don’t even know my guy
Maybe you should go be a politician and fix the issue
Honestly housing ain’t that bad if you compare it to SF or NYC