> This likely points to slow bureaucracies or people fighting change or growth at all costs.
There are NIMBY elements here, but the city hasn't been shying away from development. It's a completely different story up here than compared to San Francisco. Take a look at the city skyline from 2010 to 2020 -- it's completely different.
But there hasn't just been development in the downtown core. In 2017, the city council approved major upzoning changes in 27 neighborhoods across the city. It was passed unanimously. Lots of single-family housing zoning went away and tons of construction has followed, but it can't keep pace with new arrivals.
In areas where single-family housing still exists, the city changed zoning laws to allow backyard ADUs. The number of backyard cottages exploded and many of them are being rented out.
Is the situation perfect? Absolutely not -- housing prices are still sky high. But it's a vastly different situation than the one you've dismissively alluded to.
What I'm really talking about what I say "geographically constrained" is the elasticity of housing supply. Cities like Seattle, SF and NYC have less elastic housing supply in part because of their current land utilization and geographic constraints hemming in new development. That's a pretty well understood phenomenon.
This likely points to slow bureaucracies or people fighting change or growth at all costs.