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by ELB
Tue May 15, 2018 1:04 pm
Forum: Off-Topic
Topic: Seattle WA: 9-0 vote to tax largest employers to help homeless
Replies: 43
Views: 12754

Re: Seattle WA: 9-0 vote to tax largest employers to help homeless

I don't know what Seattle's zoning and construction laws are like, but since they are a lefty enclave I will bet it's similar to California and NY cities, and therefore the reason there is no "affordable" housing is because their rules make it too expensive. Therefore the price for existing housing goes way up. See also "San Francisco."

Now that the local gubbmint is going to build "affordable" housing, we can expect that as soon as construction begins, if not earlier, the per-unit cost will start climbing steeply from the no-doubt rosy estimates used to sell the tax, the number of housing units built will drop radically, and suddenly the "temporary" tax that for now only affects the top 3% of businesses will become both permanent and cover a lot more businesses.

And then they will wonder why their middle-class is collapsing, the poor are multiplying, and the lower/mid-tier jobs at Amazon and other businesses are being moved to Texas or Florida or wherever. The upper management will be able to afford to stay and enjoy their West Coast lifestyle as they drive by the homeless who are publicly crapping on the sidewalk (again, see San Francisco).

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