{"id":103292,"date":"2015-10-26T08:38:08","date_gmt":"2015-10-26T15:38:08","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=103292"},"modified":"2015-10-26T08:38:08","modified_gmt":"2015-10-26T15:38:08","slug":"will-a-no-vote-on-prop-1-keep-seattle-affordable","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2015\/10\/26\/will-a-no-vote-on-prop-1-keep-seattle-affordable\/","title":{"rendered":"Will a No Vote on Prop. 1 “Keep Seattle Affordable”?"},"content":{"rendered":"

\"Keep<\/a>This is rich. I spotted the ad at right this morning.<\/p>\n

I laughed out loud when I read it. Specifically the first word there: “keep.”<\/p>\n

If you’re not wealthy, Seattle is already unaffordable by nearly any metric. Rents are soaring, home prices are hitting new all-time highs, and inventory of both rentals and for-sale homes are at all-time lows.<\/p>\n

I don’t live in Seattle proper, nor do I have any desire to. I have no position on Seattle Proposition No. 1 (a.k.a. “Move Seattle”)<\/a>, but I find the language in this ad to be laughable.<\/p>\n

The numbers listed on the KeepSeattleAffordable.com “Facts” page<\/a> are amusing as well.<\/p>\n

Consider this sample tax bill from a home without a view on Queen Anne.<\/p>\n

The property’s assessed value is $713,000. The total property taxes last year came to $6,833, of which the city’s portion was $1,870.<\/p>\n

…if voters approve Proposition 1, the burden will jump another $439…<\/p><\/blockquote>\n

So $37 a month on a $700,000 home. That’s the line between “affordable” and “unaffordable.” Right.<\/p>\n

I’m sure there are good arguments for and against this transportation levy, but “keep Seattle affordable” is not among them.<\/p>\n","protected":false},"excerpt":{"rendered":"

This is rich. I spotted the ad at right this morning. I laughed out loud when I read it. Specifically the first word there: “keep.” If you’re not wealthy, Seattle is already unaffordable by nearly any metric. Rents are soaring, home prices are hitting new all-time highs, and inventory of both rentals and for-sale homes…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"On the blog: Will a No Vote on Prop. 1 \"Keep Seattle Affordable\"?","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[612,198],"tags":[389,399,372,969,354],"coauthors":[],"class_list":["post-103292","post","type-post","status-publish","format-standard","hentry","category-local","category-news","tag-election","tag-politics","tag-seattle","tag-transit","tag-transportation"],"yoast_head":"\nWill a No Vote on Prop. 1 "Keep Seattle Affordable"? \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2015\/10\/26\/will-a-no-vote-on-prop-1-keep-seattle-affordable\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Will a No Vote on Prop. 1 "Keep Seattle Affordable"? \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"This is rich. 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