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Demographia has just published a study, authored by Wendell Cox, that compares the affordability of housing in the international marketplace. The conclusions show that while Washington state isn’t the most expensive, it is on its way to the top spot.
What’s sad is it’s all avoidable with some simple changes to state policy. Currently, Seattle ranks 73 out of 100 of the most affordable major cities to live.
The study summarizes that the high prices are “largely the product of policies that seek to limit growth on the periphery” of municipal boundaries. In Washington, this policy is called the G...
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