The Right Solution... Create More Housing

Posted By: Ryan Makinster Advocacy News,

We don’t have a rent problem; we have a supply problem.  Due to decades of increasing regulation, artificially constrained land supply and ever-increasing inefficiencies in permitting, the creation of units has not kept up with demand. In fact, the WA Dept of Commerce recently estimated that we will need an additional 800,000 units by 2045, to address our current deficit and keep up with demand.

This is obvious to most but those promoting rent control and tenant protections think these band aids will somehow fix the problem while kicking the proverbial can down the road, something they have already been doing for over a decade.

While opposing rent control and tenant protections, in private conversations and public testimony we and our industry partners have been repeatedly told “Give us a solution then” which we always reply with “we have, more supply!”

We are actively supporting many of the supply side bills filed this year and will continue, along with our partners in real estate, construction, development, to bang the drum of supply.  Some of these bills include: