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follow Patrick 2018 Apr 29, 3:13pm
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Part of the problem, Lubarsky admits, is people like himself: Seattle’s red-hot tech economy, led by companies such as Amazon and Groupon (where Lubarsky works), has filled the city with an army of well-paid workers bidding up the price of housing. But that tech-fueled demand has tended to overshadow the other driver: insufficient supply. Since the end of the financial crisis, Lubarsky says, Seattle has added roughly 100,000 jobs, but barely 32,000 new homes and apartment units. “We’ve underbuilt every year since 2010,” he adds. And a big part of that deficit, Lubarsky says, is due to neighborhoods like Wallingford, where zoning laws make it almost impossible to build anything other than a single-family house. ...Predictably, the campaign has provoked a fierce backlash from homeowners, many of them baby boomers who arrived in the 1960s and '70s. They’ve sued to block the proposed “up-zones” to their neighborhoods ...