Re:Home Values Are Rising by $800 a Day in San Jose
by taurath on Tuesday April 10, 2018 @12:19AM
(#16798964)
They are, but the zoning rules and tight geographic constraints hurt it a lot. There is also a WA law that greatly increases Condo liability - nearly every new building in the city in a midrise or above density building area is built for apartments, not condos. Go look on Zillow - the number of units and houses on the market are EXTREMELY low and have been for a very long time.
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Re:Home Values Are Rising by $800 a Day in San Jose
by seltzered_ on Wednesday April 11, 2018 @01:11AM
(#16808234)
This is one of the more frustrating things I see with Seattle and makes me consider moving out - there's more apartment buildings getting built instead of condos. And from what I heard developers (particularly in Portland) are shying away from new projects due to newer city requirements to build more some portion of low-income units within a new building.