By Allison Butcher, Master Builders Association, The Lens News
Over the past 18 months, five King County cities have adopted a building moratorium, temporarily putting the brakes on new home construction.
While a moratorium is legal, it does not mean it is good policy. At a time when demand for housing is far outpacing housing supply, which drives up both home prices and rents and makes housing less attainable, building moratoria certainly are not good for housing. They also are not good for our economy or the families and workers looking for a home closer to job centers. Furthermore, they potentially could run counter to our region's transportation investments that contemplate the need for more transit-oriented development in certain areas.
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