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Podcast: News For Reasonable People
Episode: Seattle BANS Rental Software as Housing Permits PLUMMET 66%
Description: Here we go again – Seattle's brilliant solution to sky-high rents? Ban rental pricing software! Because nothing says "we understand economics" like blaming computer programs for a housing crisis decades in the making. King County Council thinks they've cracked the code while apartment permits have plummeted 66% and they've layered on $9.2 billion in new taxes. We break down the real numbers behind Seattle's housing disaster – from the 63% drop in multifamily permits to why cities like San Francisco, Philadelphia, and Minneapolis are all mysteriously banning the same software. Spoiler alert: it's not the software driving your $2,500+ rent, it's basic supply and demand econ...