4 ms·

It's mostly tech money and foreign investors. In addition 15$ hasn't taken full effect yet, it is a steady increase to 15 and will only reach that target in a

by akamel 10y ago

It's mostly tech money and foreign investors. In addition 15$ hasn't taken full effect yet, it is a steady increase to 15 and will only reach that target in a few years.

jseliger 10y ago
It's mostly tech money and foreign investors. No: It's mostly about supply not meeting demand. See http://jakeseliger.com/2015/09/24/do-millennials-have-a-future-in-seattle-do-millennials-have-a-future-in-any-superstar-cities/ http://jakeseliger.com/2015/09/24/do-millennials-have-a-futu... or http://www.amazon.com/TheRent-Too-Damn-High-Matters-ebook/dp/B0078XGJXO http://www.amazon.com/TheRent-Too-Damn-High-Matters-ebook/dp....
- mdorazio 10y ago
  Seems like two sides of the same coin. Demand outstripped supply because of the influx of tech workers and foreign investors. If not for that, the city wouldn't need more housing supply.
  - coredog64 10y ago
    Demand has been outstripping supply in the Puget Sound area for a long time.