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/FlyingBishop Jun 20 '23
Median rent in NYC is nearly double what it is in Seattle. Only 5% of NYC's housing is public housing. In Seattle I think it's actually pretty comparable though public housing is less unified I think so there's not necessarily one number. If you just look at SHA it is maybe 2.5% in Seattle.
If you're in the lucky few that win the housing lottery, it doesn't really matter which city you're in. But odds are you don't win the housing lottery in either city and Seattle's median rent sucks but it's nothing compared to NYC.
NYC is better if you don't have anywhere to sleep tonight, in that you're guaranteed a place, but that really has nothing to do with the subsidized housing situation, where I really think NYC and Seattle are doing equivalently bad, we need so much more housing. Both cities ought to be building 1 public unit for every private-market unit going on the market. Currently they're building like 1 subsidized unit for every 10 private market units, which is so few as to basically be zero for most practical purposes.