Seattle housing growth is through the roof!

A recent report reveals that 3 years into Seattle's 20 year plan to increase housing, the city is already halfway to their target! The city has a plan to help stop urban sprawl and accommodate more people within the city limits. The Seattle Times reports,

Between January 2005 and March 2008, Seattle experienced a net gain of more
than 10,600 housing units, with an additional 13,000 or so in progress. That's
50 percent of the city's 2024 target of 47,000 additional units.

Many opponents of rapid growth will point to these numbers and say it will lead to a decreased quality of life in Seattle. They will also use this report as evidence that a recently proposed tax incentive to build multi-unit properties should not be passed.

Read the full article here.