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Yo_Mama_Been_Loggin

(107,757 posts)
Fri Jul 26, 2019, 12:53 PM Jul 2019

Following Minneapolis' lead will create more affordable housing in Seattle, economist says

SEATTLE – Last year, Minneapolis made a bold move to end single-family zoning – helping put a stop to high housing costs and racial segregation.

Will Seattle do the same?

The answer is not so simple. The Seattle Planning Commission spent a year and a half compiling a report on the impact of single-family lots, using words like "controversial" and "unwelcome" to illustrate the feedback many residents may have of their findings.

As in most cities, Seattle has specific zoning rules that outline what can and can't be built in different areas – from skyscrapers in downtown and South Lake Union to suburban houses in Medina and Magnolia.

But, with 75% of Seattle land reserved for single-family lots, most of the growth has been squeezed into a few neighborhoods and is raising the price of housing citywide.

Currently, the median sale price in single-family zones is set at $712,000.

-more-

https://www.seattlepi.com/local/komo/article/Following-Minneapolis-lead-will-create-more-14148669.php?utm_source=newsletter&utm_medium=email&utm_campaign=dailynewsletterspi&utm_term=spi

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Following Minneapolis' lead will create more affordable housing in Seattle, economist says (Original Post) Yo_Mama_Been_Loggin Jul 2019 OP
No! No! No! No! SoCalNative Jul 2019 #1
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