Jacob Krimmel, a zoning researcher, and economist Maxence Valentin dive into the complexities of upzoning and its effects on affordable housing. They discuss Seattle's Mandatory Housing Affordability program, revealing unintended consequences like rising land values and imbalanced community benefits. The pair highlights the 'grand bargain' concept, emphasizing the need for collaborative housing policies that align developer incentives with public needs. With insights from urban planning, they illustrate the delicate balance required in navigating the dynamics of housing reform.
