P-I columnist Bill Virgin sees the increasing unaffordability of housing in the Puget Sound as just another example of the big squeeze being put on the middle class: Billboard not yet spotted along state Route 99: Will the last middle-class family leaving Seattle please turn out the lights? The future — or lack thereof —…
Panel Discusses Olympia’s “Housing Crisis”
I don’t have a very high opinion of The Evergreen State College, but a forum on the Olympia area’s “housing crisis” that was organized for a class and held last week actually sounds like it would have been an amusing spectacle. Seven panelists at a forum Thursday night agreed that there isn’t enough affordable housing…
Messed Up Homebuyer Logic
The following quote from yet another boring article about condos caught my attention due to its absurdity: Prices range from about $219,000 for a studio up to just over $400,000 for a two-bedroom condo. Gamel touted Sapphire’s finishes and amenities, proximity to Green Lake and downtown, and Greenwood itself.…Sapphire’s price, the fact that it’s new,…
Genuine but Misguided: Parade of Affordable Homes
I caught a press release this morning in my inbox for something called the Parade of Affordable Homes: The Parade of Affordable Homes(SM) event is designed to be both fun and educational for those contemplating homeownership for the first time. This event is free and open to the public and organizers encourage you to visit…
Case-Shiller: Seattle Not Really Special
Much has been made of Seattle’s continued resilience in the face of the national downturn in housing prices. However, the bear comeback to this type of cheerleading is the argument that Seattle is simply late to the party and will eventually see declines of its own as well. In order to test how well the…