Op-Ed writers Rick Mohler and Paul Chapman think that Seattle’s Housing Affordability and Livability Agenda and Mandatory Housing Affordability upzones will make Seattle more affordable — think again.
Just head over to the longtime Lowrise-1-zoned area by Gilman Park in southeast Ballard, and you will see what happens to your neighborhood of small houses, duplexes and triplexes. They all fall down to three- and four-unit town houses being sold for $800,000 or more. It does not pay to build a duplex or triplex or small apartment when you can get greater profits from building a bunch of three-plus-story townhomes.
Only a few holdouts continue to exist in our neighborhood, and that is because we all bought some time ago. Everything purchased turns into town houses, and our neighborhood is pretty much becoming a “town-house ghetto.” Once a couple go, so goes the rest of the neighborhood since these buildings take away all privacy, tree canopy and sunlight.
I own a small triplex, and the most likely purchasers would be a developer since the cost for the “land” only pencils out for them. Be careful what you wish for — see the future near Gilman Park.
Mary Meister, Seattle