I would like to take an opportunity to introduce my newest blog, Seattle Traffic. I have "quietly" added a link on the sidebar under "Sibling Sites", but I thought it would be worth mentioning in a post all its own. Seattle Traffic is an idea that I had been tossing around for a few months…
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Westneat Clues In—Seattle Wildly Unaffordable
Ever since I started (so long ago, I know) this blog I’ve been wondering—what does it take to get “mainstream” reporters in Seattle to sit up and realize that housing has gotten out of control around here? Well it looks like I finally got my answer. For Seattle Times columnist Danny Westneat, it takes a…
Taller Downtown = "Affordable" Downtown
In case you missed it last week, the downtown building height / "affordable housing" saga finally came to somewhat of a conclusion. The repeal of the CAP initiative Monday was unanimous and underwhelming—an anticlimactic finish for a once-sacrosanct law that limited downtown building heights for almost 20 years. So uncontroversial was the new law, proposed…
Newsflash: Rapid Appreciation Not All Good
Peter Callaghan must have missed the memo. A local reporter actually covering the dark side of increasing home prices . Holy cow, I think I might faint. Homeowners seem to enjoy the breathless stories about superheated real estate markets. Pierce County, for example, saw an 18 percent increase in the median price in the last…
Is Seattle Attracting Good Jobs?
Some of the recent discussions in the comments have centered on job growth in Seattle. In a comment on the most recent post, T.S. made the following claim: The job situation is misleading. While there may be low unemployment, which is good, the newly created jobs are simply not high-paying enough to support the current…