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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Seattle

https://www.seattletimes.com/business/real-estate/seattle-rents-growing-at-among-slowest-rates-in-country-as-apartment-boom-reaches-record/[/quote]

Don't have time to read it, but has this really helped with lowering the COL for residents, are prices down?[/quote]

Its slowed rent increases - given inflation its probably been an inflation adjusted decrease in rent.

One of the odder things about these discussions, if supply makes rents lower than they would otherwise have been, people say its not worth doing because it doesn't actually make the city "cheap" by whatever definition they are using.  
[/quote]

It's not going to help people who want to live in Dupont/Kalorama for the price of Anacostia or Lyon Village for the price of Mt.Vernon. Lots of posters are people who want yuppie areas or sprawling new homes with best schools inside beltway burbs, but cannot pay, not those who are impoverished trying to just put a roof over their kid's heads and not be shot. It's like those who want to drive a Tesla for the price of Honda Civic, so they wonder and speculate when law will change and luxuries will go cheap.  Here is the news, living in posh established desirable parts of any city is a luxury, even if it's an older crappy building, buying a tear down in a prime suburban area with short commute and building a brand new home is a luxury. It's not all because of some malicious political zoning interests, it's how it's always been, there were always expensive parts of DC, people bitched they could not afford, even when most of it was unlivable, and they didn't precipitously dropped in price just because new areas got gentrified or new apartments got built. [/quote]

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