Economics

Amazon Whittles the HQ2 Competition Down to 20

Last week Amazon announced progress on locating its second headquarters: 238 applicants have been whittled down to 20 finalists. The top 20 offer some...
A sign says 4,128 square feet of retail are available.

Seattle to Boost Downtown with Additional Street-Level Uses

On Monday, the Seattle City Council unanimously passed an ordinance to energize Downtown Seattle and South Lake Union (SLU) with new street-level uses. This...

Sunday Video: The Housing Tax Crisis

Uytae Lee of About Here dives into development fees and taxes, which contribute to a significant proportion of new housing costs. In many North American cities, housing taxes have been increasing much faster than inflation. But why are they increasing so much, what are they used for, and how does this affect homebuilding?
Mayor Durkan with Ferris wheel and Seattle waterfront in background

Mayor Durkan’s Budget Raids JumpStart Payroll Tax for $100 Million Pledge to Communities of...

Mayor Jenny Durkan launched her next skirmish with Seattle City Council today as she released a 2021 budget that skimmed revenue from the their...

Over 90% of Seattle’s New Buildings Are Mixed-Use or Multi-Family

The City of Seattle released new construction data on January 15th and it shows a remarkable amount of new building. There were 8,311 housing...
The domed Olympia Capitol Building stands in the distance with a bus stop with a passenger waiting in the foreground. A dogwalker also mosey on the lawn.

Op-Ed: Legislature Should Close the Family Foundation Loophole for Estate Taxes

Washington State's current estate tax contains a loophole that shields estate funds that are in family foundations, showcasing the privilege of the very wealthy. The state legislature should close this loophole to reduce the need for draconian budget cuts.
Recreation of the Seattle flag. Cent sign on a blue back ground with text "Penny Wise Pound Foolish"

Op-Ed: Seattle is the Capital of Toxic Frugality

Next week is standardized testing at the kiddos’ school. The normal seven-class-a-day schedule will be reorganized to allow morning and afternoon blocks long enough...
Ferguson stands at the lectern wearing a navy suit and glasses in a Capitol board room.

Ferguson Pushes Budget Cuts as Washington Legislature Seeks New Revenue

With the baton passing from Jay Inslee to Bob Ferguson, Washington’s governor has placed more emphasis on fiscal austerity to solve the state's looming budget deficit. But some lawmakers are intent on raising new revenue to avoid deep cuts to social programs.