I'm so tired of the staff's misleading pronouncements. "Olympia is not keeping up with demand". "Olympia needs to develop..." "Olympia should consider converting office space to residences". Who is "Olympia"? In these quotes it is developers and builders and their associated professions. Not the city.
Right now there is tremendous demand for more housing due to the aftereffects of the actions of corrupt financial institutions in 2008. Excess demand means good profit potential. The private sector will supply the needed housing, except for the needs of low-income people which have to be met by government actions.
All the city needs to do is regulate this development appropriately and let the private sector do its job.
Bob Jacobs
Olympia
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