Homework for ‘clueless’ city

The road to hell in Kent is paved with good intentions and very little solid education.

And that combo results in more legalized theft called taxes – and growing taxes – for existing Kent businesses and residents.

Let’s not keep repeating the same mistake.

In the U.S. there’s a national apartment shortage because demand outpaces supply. By 2030 4.6 million units are needed for the demand. Yet, Freddie Mac’s “Multifamily 2018 Outlook” reports 11.4 percent decline in permits and a 9.8 percent decline in new starts since 2016.

Obviously, the Marquee on Meeker complex is Kent’s exception.

So why again was the Kent government so generous with a developer-builder’s sweetheart tax deal at the expense of Kent’s existing and heavily-taxed population base when Kent teeters on a fiscal cliff?

Our elected and paid city staff are clueless to market forces.

All they know is how to steal from Peter to give to Paul.

A few key points from the Freddie Mac report informs us that on average 325,000 new apartments are needed each year nationally. Yet, only on average 244,000 new apartments come online annually between 2012-2016, a huge improvement from a 50-year low of just 97,000 new units in 2009. A record one million annual new renter households were formed during that time.

See a problem? Obviously the Auburn-based developer group saw a terrific opportunity. And Kent government officials fawned and slobbered all over the calculating buyers of the par 3 golf course with gorgeous, unobstructed Mount Rainier views. What’s done is done. No more.

Maybe, just maybe the homeless is more a result from an apartment shortage than government officials care to know.

So, Kent government, do your homework to get a passing grade or suffer taxpayers’ wrath. Kent cannot afford to be generous anymore when statistics tell us a completely different story.

– Joy Etienne

More in Letters to the Editor

Really above the law?

Bob Roegner’s article (“Are sheriffs above the law?” Kent Reporter, April 12)… Continue reading

Let’s look at a balanced, fair tax code

Washington tax laws are unfair and unproportioned. The 1 percent pay 3… Continue reading

Kent must do more to protect pedestrians

A mother who was walking with her two young children in a… Continue reading

Our system works better

A few quick comments about “What really defines socialist country,” a letter… Continue reading

Unfounded accusations

I came across a Feb. 1 Kent Reporter, “For the good of… Continue reading

Trump the president

Your recent letter writer who declared Donald Trump “the most competent president… Continue reading

Let’s clarify the federal budget process

Regarding Mr. Valentine’s letter (“Shame on us for bringing aboard Trump,” Feb.… Continue reading

Wanted: a better president

Kudos to Harold Valentine for his well written letter in the Feb.… Continue reading

Shame on us for bringing aboard Trump

I am 90 years old. I have voted in every presidential election… Continue reading

Proposed bills threaten business for hairdressers, salon owners

Intermediary employees. Contributing agents. Worker wage boards. This is the gobbledygook that… Continue reading

Inslee: tend to ‘our Washington’

Washington is last in earthquake preparedness. It is near the top in… Continue reading

‘National wealth tax’ doesn’t add up to a solution

In response to last week’s letter calling for a “national wealth tax:”… Continue reading