New cynicism: win-win for me personally Amazon pulls this off: my least favorite politician is crushed and a dumb policy is not implemented Amazon loses: Seattle tech scene loses its luster, we get a new case study in socialist folly, and my rent goes down (or I get to move) https://twitter.com/Econ_Marshall/status/991787497230397440 …
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are Seattle landlords different than NYC landlords? it's a ratchet. it only goes up. NYC landlords will take write down losses for years on vacant units before they lower the rent.
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No rent control out here, weaker tenant rights; landlords aren't stuck with lower rent forever Also the realistic counterfactual is "rent goes up by less than it otherwise would" :/
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how did a west coast town manage to avoid rent control or other similarly ludicrous land use policies?
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Unsure but it's not for lack of trying lately :(
End of conversation
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