SeaJ to Seattle@lemmy.worldEnglish · 8 months agoSeattle apartment values could crater by 30%, Capital Economics saysfortune.comexternal-linkmessage-square10fedilinkarrow-up169arrow-down13
arrow-up166arrow-down1external-linkSeattle apartment values could crater by 30%, Capital Economics saysfortune.comSeaJ to Seattle@lemmy.worldEnglish · 8 months agomessage-square10fedilink
minus-squaremichaelmrose@lemmy.worldlinkfedilinkEnglisharrow-up1·8 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-squaresubignition@kbin.sociallinkfedilinkarrow-up1·8 months agoThat, and/or the amount of profit one can collect from anything relating to residential zoning should be capped harshly, like 10-20%
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%