Reply to post: If there's a housing crisis...

That was quick: Seattle rushes to kill tax that would mildly inconvenience Amazon

Anonymous Coward
Anonymous Coward

If there's a housing crisis...

...then chances are that there's three main causes that apply to any successful city: An excess of well paid jobs relative to current housing supply, exacerbated by poor local government planning to esnure some balance between jobs, housing and transport, and social problems that cause chronic homelessness.

To be fair you can't blame Amazon as such, but introducing the tax would have been an interesting experiment in deterring the sort of jobs that push up property demand and prices, and if it didn't they'd have at least made a move on either getting more money for social housing or social care. My disappointment at the Seattle politicians for their craven surrender is mitigated by a conviction that given more money, local government only waste it unproductively.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon