{"id":185,"date":"2006-04-11T08:00:00","date_gmt":"2006-04-11T15:00:00","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=185"},"modified":"2011-02-14T09:40:11","modified_gmt":"2011-02-14T17:40:11","slug":"super-smart-seattle","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2006\/04\/11\/super-smart-seattle\/","title":{"rendered":"Super Smart Seattle"},"content":{"rendered":"<p>So maybe Seattle isn&#8217;t attracting CEOs and high-level professionals, but let not your heart be troubled. Seattle&#8217;s skyrocketing house prices will be <a href=\"http:\/\/seattlepi.nwsource.com\/local\/266226_educatedcities11.html\">carried along by college graduates<\/a>!<\/p>\n<blockquote><p>College graduates are flocking to America&#8217;s big cities, chasing jobs and culture and driving up home prices. <\/p>\n<p><strong>Seattle, a new analysis shows, is on the top of the educated citizen heap, and last month passed $400,000 mark in median home prices, compared with a national average of $151,000.<\/strong>*<\/p>\n<p><span style=\"font-style:italic;\">Though many of the largest cities have lost population in the past three decades, nearly all have added college graduates, an analysis by The Associated Press found.<\/span>*<br \/>\n&#8230;<br \/>\nSeattle was the best-educated city in 2004 with just over half the adults having bachelor&#8217;s degrees. Following closely were San Francisco; Raleigh, N.C.; Washington and Austin, Texas.<br \/>\n&#8230;<br \/>\n&quot;The largest predictor of economic well-being in cities is the percent of college graduates,&quot; said Ned Hill, professor of economic development at Cleveland State University. To do well, he said, cities must be attractive to educated people.<\/p>\n<p><span style=\"font-size: 85%;\">*(The <strong>bold<\/strong> bit was not in the <a href=\"http:\/\/seattlepi.nwsource.com\/local\/6420AP_Educated_Cities.html\">original AP article<\/a>, and the <em>italicized <\/em> bit was left out of the <a href=\"http:\/\/seattlepi.nwsource.com\/local\/266226_educatedcities11.html\">P-I-contributed article<\/a>.)<\/span><\/p><\/blockquote>\n<p>So according to Ned, Seattle is predicted to have the best economy in the nation. That&#8217;s a great theory and all, but if it&#8217;s true, I&#8217;m still wondering why <a href=\"http:\/\/seattlebubble.blogspot.com\/2006\/02\/king-county-prices-up-wages-down.html\">wages have been going <em>down<\/em> in Seattle<\/a>&#8230;  Can anyone explain that to me?  Anyone?<\/p>\n<p>Seattle: Where college graduates come for lower wages and expensive housing! <\/p>\n<p>(<em>Stephen Ohlemacher, Associated Press via <a href=\"http:\/\/seattlepi.nwsource.com\/local\/266226_educatedcities11.html\">Seattle P-I<\/a>, <a href=\"http:\/\/seattlepi.nwsource.com\/local\/6420AP_Educated_Cities.html\">original <\/a>, 04.10.2006<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So maybe Seattle isn&#8217;t attracting CEOs and high-level professionals, but let not your heart be troubled. Seattle&#8217;s skyrocketing house prices will be carried along by college graduates! College graduates are flocking to America&#8217;s big cities, chasing jobs and culture and driving up home prices. Seattle, a new analysis shows, is on the top of the&#8230;<\/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":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[612,198],"tags":[19],"coauthors":[],"class_list":["post-185","post","type-post","status-publish","format-standard","hentry","category-local","category-news","tag-seattle_pi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Super Smart Seattle \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\/2006\/04\/11\/super-smart-seattle\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Super Smart Seattle \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"So maybe Seattle isn&#8217;t attracting CEOs and high-level professionals, but let not your heart be troubled. Seattle&#8217;s skyrocketing house prices will be carried along by college graduates! College graduates are flocking to America&#8217;s big cities, chasing jobs and culture and driving up home prices. 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His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. 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