I moved to Seattle at the start of the plague (perfect timing I know). I don’t have first hand experience from the before times but for sure the last couple of years the amount of homelessness has gone way up. Apartments here are raising rent like wild. They’re definitely testing the line for how many people they can lose to increased prices while still coming out ahead with the people who remain. Once the work from home or fired tech workers move out in full force it’s going to snowball I think. I wonder if Seattle is going to collapse similar to how Spokane did back in the day after manufacturers moved out…
I moved to Seattle at the start of the plague (perfect timing I know). I don’t have first hand experience from the before times but for sure the last couple of years the amount of homelessness has gone way up. Apartments here are raising rent like wild. They’re definitely testing the line for how many people they can lose to increased prices while still coming out ahead with the people who remain. Once the work from home or fired tech workers move out in full force it’s going to snowball I think. I wonder if Seattle is going to collapse similar to how Spokane did back in the day after manufacturers moved out…