56.67% - More units of any type — luxury or workforce — add to the overall housing stock and soften prices region-wide. It works slowly and imperfectly, but that's how supply-side dynamics function.
15.00% - Gentrification replaces affordable units with premium ones — even when total unit count stays flat, the mix shifts against lower-income residents; volume matters, but so does affordability distribution.
15.00% - More housing supply puts downward pressure on prices — Seattle rents keep climbing because demand grows faster than supply.
13.33% - Developers build luxury first because margins are better in constrained markets — loosen zoning so they have to compete, and the whole market eventually moves downmarket.
Luxury construction draws high earners out of older units, which then become more affordable.
61.83% - More units of any type — luxury or workforce — add to the overall housing stock and soften prices region-wide. It works slowly and imperfectly, but that's how supply-side dynamics function.
16.67% - More housing supply puts downward pressure on prices — Seattle rents keep climbing because demand grows faster than supply.
11.83% - Gentrification replaces affordable units with premium ones — even when total unit count stays flat, the mix shifts against lower-income residents; volume matters, but so does affordability distribution.
9.68% - Home prices in Seattle are unacceptably high for working people — a city where only the wealthy can afford to stay is worse economically and socially, and that demands a policy response.
33.33% - Luxury construction draws high earners out of older units, which then become more affordable.
33.33% - Filtering moves luxury buildings' high-earning residents out of older stock, freeing those units for middle-income renters.
0.00% - Building luxury housing makes other units more affordable.
50.00% - 432 Park Avenue