Seattle BANS Rental Software as Housing Permits PLUMMET 66%
Description
Here we go again – Seattle's brilliant solution to sky-high rents? Ban rental pricing software! Because nothing says "we understand economics" like blaming computer programs for a housing crisis decades in the making. King County Council thinks they've cracked the code while apartment permits have plummeted 66% and they've layered on $9.2 billion in new taxes. We break down the real numbers behind Seattle's housing disaster – from the 63% drop in multifamily permits to why cities like San Francisco, Philadelphia, and Minneapolis are all mysteriously banning the same software. Spoiler alert: it's not the software driving your $2,500+ rent, it's basic supply and demand economics that these politicians refuse to acknowledge. When you constrict housing supply with endless regulations while demand stays high, rents go to the moon – shocking concept, right? Is anyone surprised that the same progressive policies crushing housing affordability everywhere are now targeting technology instead of addressing their own failed governance? What did they expect when they made it nearly impossible to build anything? Hit that subscribe button if you're tired of politicians treating taxpayers like idiots who don't understand basic economics!
United States
