Zoning and other regulations getting the way of it being used. The city "just" needs to incentivize it getting used, and someone's gotta come to terms with losing money.

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readthenotes1 an hour ago | parent [-]

Isn't this the city of mayor "Buh bye millionaires"?

Not sure the incentives will bring a useful change.

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BryantD 30 minutes ago | parent [-]

No, that's the rhetoric. The reality: states like Massachusetts which have passed higher taxes on millionaires haven't seen the predicted exodus of millionaires. Mayor Wilson knows this and isn't taking dire predictions seriously. If you're gonna move, move, but it's not going to be because of that -- it's gonna be something you'd do anyhow.

Meanwhile, in the real world, Washington’s real GDP rose 1.1% to almost $730 billion between the fourth quarter of 2025 and the first quarter of 2026 -- substantially ahead of the overall pace in the US. Anthropic just signed a least for a 113,000-square-foot space in the South Lake Union neighborhood.

	▲	mempko 21 minutes ago \| parent [-]
		Yeah, when I hear about how the tax changes are going to result in a huge exodus of millionaires it's not backed by data. The data shows millionaires actually move LESS than the general population. Places that instituted high taxes didn't see an exodus. It turns out if you have a great city with great physical and social infrastructure, people want to be there. Seattle is building both. The physical infrastructure is better now then when I moved there 10 years ago. I just took a train to Bellevue from downtown Seattle for a couple bucks. Waterfront looks amazing and beautiful now. City is really clean.