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Housing prices in Seattle will only come down if there's a downturn in the tech industry. But that doesn't mean it's wrong to encourage density to reduce prices
by lukeschlather 9y ago
Housing prices in Seattle will only come down if there's a downturn in the tech industry. But that doesn't mean it's wrong to encourage density to reduce prices.
- debatem1 9y agoI'm... not sure of this. A sharp spike in interest rates could make mortgages less attractive and dampen demand. Or, more positively, the Northgate or Othello areas could come up and start to look more like Ballard and increase the attractiveness or property away from the urban core. Either would dampen the hottest markets.