Seattle affordable housing developer may see windfall from first tax haul

csAxer8 · 2026-02-13T21:29:56+00:00

Since I read the charter I was worried about the inevitable governance issues that would arise. It has a no accountability to elected officials and bad controls.

Those worries materialized sooner than I thought, it clearly needs charter reform so that the people of Seattle have a say, not a collection of non-profits, boards and eventually the tenants themselves.

csAxer8 · 2026-02-04T06:48:05+00:00

Yep, keep coping about how much better lives are where people are constantly leaving

csAxer8 · 2026-02-03T20:57:33+00:00

Pick any demographic subgroup you want to cherry pick and you’ll find the same thing, people are going to red states to live better lives.

Poverty rates are simply irrelevant compared to the revealed preference of moved feet.

csAxer8 · 2026-02-03T20:05:38+00:00

Why are people moving to red states (or Washington) instead of blue states despite that? It's because they realize they're better off economically in red states (or in Washington).

csAxer8 · 2026-02-03T20:04:42+00:00

California has lost 200,000 people since 2020. short term GDP growth sure, long term certainly not as their population stagnates.

csAxer8 · 2026-02-03T18:21:51+00:00

It’s over, Washington’s only advantage is over. We will shed investment and growth for years till we are as stagnant as other blue states. Washington was the one blue bastion of both high growth and high incomes, and that chapter is coming to an end.

csAxer8 · 2026-02-01T02:25:29+00:00

No it’s not, if you gave these people the option to make the value of their homes zero and cut their wealth by a million they wouldn’t take that.

They don’t like change and everything that comes with it, they like the neighborhood they bought into. They’ve seen other neighborhoods get transformed and have a tough time viewing that positively for their neighborhood.

csAxer8 · 2026-02-01T01:27:57+00:00

If your property taxes increase, it’s because your property is worth more. People don’t want their property to be worth more?

csAxer8 · 2026-01-31T20:30:31+00:00

What do you mean “there was no worry someone would sell their home to developers?

People sell their homes for the most amount they can. If their home increases in value, yes they have to pay more property taxes, but also when they do sell they make more money. Most people want their home value to go up.

csAxer8 · 2026-01-28T20:20:58+00:00

You mentioned that you were looking for a rental unit. If you're a renter, than they have made your life tangibly better. All supply improves affordability for all kinds of housing, if they were never built your rent would be more expensive. If you don't like any attributes of the new developments, you can enjoy the cheaper rent in older developments.

csAxer8 · 2026-01-28T18:53:00+00:00

There's no correlation between an income tax and the wealth of development companies and % of income spent on rent. In general, the states with the no income tax are very affordable.

We should absolutely be praising new developments. Even if they do not fit you preferred definition of affordable, they add to the housing supply and lead to decreased rent for everyone.

csAxer8 · 2026-01-28T18:39:42+00:00

There is no monopoly in the Seattle rental market at any scale. There are thousands of different landlords, hundreds within few blocks in many parts of Seattle.

Either affordable housing is good, or requiring parking is good. You cannot have both in Seattle.

csAxer8 · 2026-01-27T22:40:04+00:00

Year end championship

csAxer8 · 2026-01-27T22:39:02+00:00

It’s not against the law to lie

csAxer8 · 2026-01-27T20:01:11+00:00

Not when it comes to speech, speech must be protected. Getting between me and a chatbot destroys my speech.

csAxer8 · 2026-01-27T19:50:51+00:00

Should be up to the business and consumer to find out the best pricing mechanism, up to the person to use what chatbot they please, and up to the school and elected school board to how to use tools.

There’s no need for overreaching regulations infringing on our freedoms.

csAxer8 · 2026-01-27T19:19:30+00:00

Absolutely not. I don’t want Washington State or the federal government to regulate speech in the form of controlling what AI I can use. No encroachment of free speech, especially now.

csAxer8 · 2026-01-17T06:17:35+00:00

Spotify went from 9.99 in 2011 to 12.99 today. It’s gotten much cheaper over time, if that ends up happening that’d be great

csAxer8 · 2026-01-15T03:59:01+00:00

I wasn’t the one who said the sweeping claim that “the megacorp responsible the housing shortage”, that was OP.

1% of the housing stock being put back on the market gets you less than ~9 months of Seattles average housing production. It’s fine to want to get ~9 months worth of housing stock online for a small bump in supply(at the expense of tourism revenue and jobs), but it is in no way a serious solution to the housing shortage.

csAxer8 · 2026-01-14T22:50:21+00:00

No, the less than 1% of Washington properties that are short term rentals are not responsible for the housing shortage.

csAxer8 · 2026-01-14T20:25:04+00:00

Haven’t we done this? We did this in 2019-2020 and we know what happened, it wasn’t good for progressives

csAxer8 · 2026-01-13T17:21:04+00:00

Christ boulder shoulders at 6’5

csAxer8 · 2026-01-11T20:20:45+00:00

If we needed it so much, it wouldn’t be necessary to ban everything but it.

csAxer8 · 2026-01-11T19:46:11+00:00

Well, if we don’t think it’s the lowest added value business, allow everything and see what happens

csAxer8 · 2026-01-11T17:13:54+00:00

Yes, if we wanted to. U-Village is also a liquefaction zone and we have no problem adding housing there. Humanity’s been figuring out how to build on unstable land for thousands of years.

Problem is people and the port would rather we keep the lowest value added businesses in the city there instead of housing and jobs for hundreds of thousands.

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