Posts tagged with: land use

Blog author: mvandermaas
posted by on Friday, February 15, 2008

Interesting:

Backed by studies showing that middle-class Seattle residents can no longer afford the city’s middle-class homes, consensus is growing that prices are too darned high. But why are they so high?

An intriguing new analysis by a University of Washington economics professor argues that home prices have, perhaps inadvertently, been driven up $200,000 by good intentions.

Just some food for thought on a Friday afternoon.