> No idea why you are being downvoted. Perhaps because the parent poster is wrong. Seattle rents did not decrease this year, or last year. The rate at which r

> No idea why you are being downvoted. Perhaps because the parent poster is wrong. Seattle rents did not decrease this year, or last year. The rate at which rent is increasing has slowed (previously double-digit percentage increases have dropped to single-digit percentage increases). But actual rents have not fallen. Seattle rents continue to grow each year, just at a slightly slower pace than before. http://www.bizjournals.com/seattle/blog/2015/11/bad-timingas-thousands-of-new-apartments-open.html http://www.bizjournals.com/seattle/blog/2015/11/bad-timingas... (This is not an argument against building new housing, I also believe we need more of that. But the issue is far more complicated than simply "supply and demand, economics 101")