In Seattle, the rent is too damn high

From Grist, June 3, 2015 written by Katie Herzog

“Seattle is booming. The out-of-the-way Northwest city that used to be thought of — when it was thought of at all — primarily as the home of grunge music and drizzle is now among the fastest growing major cities in America. The population is skyrocketing, the unemployment rate is low, and gleaming, luxury apartments are going up seemingly overnight (a recent count showed 75 cranes rising over downtown). From the outside, life is good in this once-sleepy town, especially compared to cities still recovering from the Great Recession. But reality is more complicated, and nowhere is this more apparent than in Seattle’s housing market.”
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