Lucas Kampman
@kampman.bsky.social
PhD student, UW/Fred Hutch MCB Joint Program
Reposted by Lucas Kampman
This article is pretty damning.
-Political pressure to maximize units led affordable housing projects to target just below the income thresholds
-Market pushed rent growth below expectations, subsidized units face competition
-Buildings stuck, lower rents because bankruptcy, so they sit empty
-Political pressure to maximize units led affordable housing projects to target just below the income thresholds
-Market pushed rent growth below expectations, subsidized units face competition
-Buildings stuck, lower rents because bankruptcy, so they sit empty
Must read story about the failure to support the people in our region … means testing housing and other public benefits always results in inefficiency. We are a wealthy state, county, city… we need to get this housing to the people who need it most.
Affordable housing units in Seattle were built with subsidies. Why are so many empty?
Officials thought there would always be huge demand for affordable housing, so they aimed to maximize it for the working class. But now those units are vacant.
www.seattletimes.com
August 31, 2025 at 4:57 PM
This article is pretty damning.
-Political pressure to maximize units led affordable housing projects to target just below the income thresholds
-Market pushed rent growth below expectations, subsidized units face competition
-Buildings stuck, lower rents because bankruptcy, so they sit empty
-Political pressure to maximize units led affordable housing projects to target just below the income thresholds
-Market pushed rent growth below expectations, subsidized units face competition
-Buildings stuck, lower rents because bankruptcy, so they sit empty