Re:What Happens to Home Prices When Technologists Come to Town
by stephengillie on Friday June 19, 2015 @06:09PM
(#9747967)
Seattle's traditional Capitol Hill residents are really struggling with the tech influx, just down the hill in SLU. New bars and restaurants open daily, rents have skyrocketed, and their arts scene is being pushed up the hill and to the east.
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Re:What Happens to Home Prices When Technologists Come to Town
by jseliger on Friday June 19, 2015 @11:19PM
(#9748832)
rents have skyrocketed
This is an easily solvable problem: http://www.amazon.com/Rent-Too-Damn-High-Matters-ebook/dp/B0....
Capitol Hill height limits and parking minimums are insane. I used to live across the street from Seattle U, and the apartment building was only four stories high. It should've been 20 stories, since everyone in it was connected to the university. Every street west of Broadway / 10th and south of Prospect should have no height limits or parking minimums. The problem can be solved: Seattle's politicians (and, by extension, voters) choose not to solve it.
Re:What Happens to Home Prices When Technologists Come to Town
by eclipxe on Friday June 19, 2015 @06:36PM
(#9748096)
New bars and restaurants to enjoy, what a struggle!
Re:What Happens to Home Prices When Technologists Come to Town
by dasil003 on Friday June 19, 2015 @06:44PM
(#9748132)
The problem is a lot of people can't afford an artisanal $15 whisky sour, but a 25-year-old single software developer bringing in $100k doesn't have to think twice about buying three of them.