> The problem is in Seattle, but not if you go south. Tacoma has an average home price of $350k. That means, to afford an average home/condo/apartment, you'd n

> The problem is in Seattle, but not if you go south. Tacoma has an average home price of $350k. That means, to afford an average home/condo/apartment, you'd need over a $100k+ salary per year. (Using the 28/36 rule). But the average income per person in Tacoma is ~$37k/yr. That is absolutely a crisis-level problem of massive proportions. The only way anyone can pretend those prices are even vaguely reasonable, is by comparing it to somewhere like Seattle where the crisis is so much worse.