Seattle’s Rental Bubble Meets its Inflection Point

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Construction boom, flood of new high-end apartments, not enough demand, rising vacancy rates, and the biggest concessions since the Great Recession. The Seattle metro has enjoyed strong job growth in recent years and soaring housing costs. …

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Is This Going to Crush Rents in Seattle?

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A phenomenal onslaught of the wrong kind of supply. Crane-counters in the metropolitan area of Seattle have long had an exciting time as cranes keep popping up on new construction sites. Some are condo towers, others …

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Speechless In Seattle

Authored Jared Dillian via MauldinEconomics.com, Seattle is being mismanaged. Readers from Seattle probably know what I am talking about. Conservatives (I suppose you could include me in that category) would say that Seattle’s city government will send them down the …

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