2 ms·
They are, but the zoning rules and tight geographic constraints hurt it a lot. There is also a WA law that greatly increases Condo liability - nearly every new
by taurath 9y ago
They are, but the zoning rules and tight geographic constraints hurt it a lot. There is also a WA law that greatly increases Condo liability - nearly every new building in the city in a midrise or above density building area is built for apartments, not condos. Go look on Zillow - the number of units and houses on the market are EXTREMELY low and have been for a very long time.
- seltzered_ 9y agoThis is one of the more frustrating things I see with Seattle and makes me consider moving out - there's more apartment buildings getting built instead of condos. And from what I heard developers (particularly in Portland) are shying away from new projects due to newer city requirements to build more some portion of low-income units within a new building.