Re:Seattle officials repeal tax on large companies
by pravinva on Wednesday June 13, 2018 @03:15AM
(#17300960)
Illogical. People who can't afford 2 bed rentals don't move to the nearby street if rents are unaffordable. They move to another town where they can afford the rents. Correlation isn't causation
Re:Seattle officials repeal tax on large companies
by jschwartzi on Wednesday June 13, 2018 @09:23AM
(#17302775)
30 days is not a lot of time to find a place, especially if you're having to compete in bidding wars against other people. It can be especially difficult to come up with a security deposit and first month's rent. If most people have less than 1300 in savings then they can only afford a new place that rents for 600/month. I can't think of any municipalities in the area where rents are that cheap without downsizing your family into a studio. To say nothing of the burden of packing all your things, cleaning the apartment, getting enough friends to help you move out, etc.. It's not a trivial thing to do on short notice while you're holding down a job.
Re:Seattle officials repeal tax on large companies
by aaronbrethorst on Wednesday June 13, 2018 @03:26AM
(#17301025)
You know that moving costs quite a bit of money, right? If you lose your job or have a serious medical issue without insurance, you won't be able to move to a nearby town with cheaper rents.
What do you think the underlying cause of homelessness in Seattle is?
2. Rents increase.
3. More people become homeless.
http://q13fox.com/2017/11/06/study-says-rising-rents-tied-to...