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Ultimately, stable growth will ensure that urban and rural incomes increase and people's lives improve.

I certainly think it's really important that folks in the metropolitan area be able to meet the increased cost of living.

We are focused on Main Street, on supporting economic conditions - plentiful jobs and stable prices - that help all Americans.

I have realized after all these years that a city that has a good quality of life attracts jobs. People don't want to invest in places if there is no quality of life.

Communities and neighborhoods are affected. Idling trains, traffic backups, grade crossing accidents and other safety issues all affect the quality of life in our neighborhoods.

I think it's evident that expensive neighborhoods in Seattle are surrounded by natural beauty. That elevates city life. So if we can make cities more attractive in the long run, we can be smarter about issues like development, zoning and economics.

Besides infrastructure, there is a huge opportunity in housing and urbanisation of cities - not only building new ones, but also renewing the infrastructure of old cities to make them more livable. This provides tremendous scope for large investments to fuel growth.

There's a major underlying idea as you grow up that you need to just save your money and get that affordable housing at the edge of town where you're away from the city where all the crime happens or whatever.

If the economy grows, housing gets better, quicker.

If we allow more development, it will bring housing affordability.