SeaJ to SeattleEnglish • 11 months agoSeattle apartment values could crater by 30%, Capital Economics saysfortune.commessage-square10fedilinkarrow-up160arrow-down13
arrow-up157arrow-down1external-linkSeattle apartment values could crater by 30%, Capital Economics saysfortune.comSeaJ to SeattleEnglish • 11 months agomessage-square10fedilink
minus-square@michaelmroselinkEnglish1•11 months agoMaybe rents should be capped at a percentage of fair market value. We are a city of 50% renters and a fraction of 1% landlords.
minus-squaresubignitionlinkfedilink1•11 months agoThat, and/or the amount of profit one can collect from anything relating to residential zoning should be capped harshly, like 10-20%
And yet I doubt the rents will drop…
Maybe rents should be capped at a percentage of fair market value. We are a city of 50% renters and a fraction of 1% landlords.
That, and/or the amount of profit one can collect from anything relating to residential zoning should be capped harshly, like 10-20%