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For people who new to the "Growth at any cost game" in Olympia notice that the "Multi family Tax Exemption " the MFTE as promoted by Olympia council members like yeti1981 and the other members of the council voting for the MFTE has shifted (the Legislature made this legal through co-operation with the Dept of Revenue and the County Assessor ) approximate 14 million dollars of property tax money for 8 years from the wealthy developers like Walker John to the rest of Olympia's property payers . What they have built under the MFTE program so far is expensive Gentrified Apartments with market rate pricing ( many of these expensive apartments are currently empty ) . This does not help low income families looking for affordable housing leading to low enrollments in the Madison School districts with families moving to Mason and Lewis Counties for affordable housing , but expensive MFTE housing does provide housing for the for the wealthy . The Olympia city council gives us band aid solutions like Tiny Houses for the poor but permanent affordable housing is too little and too late . The truth is Private Equity groups like Black Rock and Carlisle group have snatched up about 31 % of all single family housing ,cornered most of the housing markets since 2008 in the US making the dream of owning a starter home a unlikely prospect for most young people . The Carlisle group bought the Friendly Village mobile home park several years ago near Hagen's grocery on the west side and the first thing Carlisle did was raise everyone's' rents by a 1/3 rd and without a survey of Friendly Village residents on fixed incomes for ability to pay ? Growth for profit's sake is a cancer on our society and we have seen what has happened in King County Wa, using this philosophy . Housing has become unaffordable and the same is happening in Thurston . The Olympia City Council is doing exactly what the Chamber of Commerce wants . They do massive quantities of virtue signaling with words but their actions unfortunately indicate they are working for speculator's interests . It's sad situation .