Comment on Housing prices
Hueristic_Autistic@lemmy.world 2 days agoso people who get reimbursed (The Fifth Amendment of the United States Constitution mandates that if the government takes private property for public use, the government must provide “just compensation.” In Kohl v. United States, 91 U.S. 367 (1875), the Supreme Court held that the government may seize property through the use of eminent domain, as long as it appropriates just compensation to the owner of the property. Source: www.law.cornell.edu/wex/eminent_domain) will just move to where their careers provide stability as well as being able to afford a single family home.
If you can afford a home and all that comes with owning one, do it up. Nothing wrong with being a home owner.
captainlezbian@lemmy.world 2 days ago
The government isn’t tearing houses down, simply permitting larger multi family dwellings in neighborhoods specifically targeted for growth. Those areas in Seattle are usually along the light rail line, and elsewhere are closer to city centers.
Most who sell will move to more suburban areas elsewhere, often in town, others will move to something like a townhouse, but regardless there will be more residences available in higher desirability areas