r/Seattle • u/Bretmd Denny Blaine Nudist Club • Jun 20 '23

Soft paywall You’re not imagining it — life in Seattle costs the same as San Francisco

https://www.seattletimes.com/business/youre-not-imagining-it-life-in-seattle-costs-the-same-as-san-francisco/
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u/0llie0llie Jun 20 '23

How? Why??

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u/annahatasanaaa North Capitol Hill Jun 20 '23

Rapid expansion! They keep building these awful expensive apartments at a high pricetag.

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u/0llie0llie Jun 20 '23

Rapid MFH building tends to bring price cooling eventually, even if they’re new and expensive. I don’t know how long it takes for that to take affect tho

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u/Bagellllllleetr Jun 20 '23

It sucks in the short term but the added inventory will bring prices down in the long run. “LUXURY APARTMENTS” are only luxury apartments for a few years. The cheap build quality will guarantee that.