What Is Going On In Seattle Market

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ā€œIt helps that tech workers who live in Seattle appear to have more disposable income than those situated in other metropolises. A report by LinkedIn and Zillow found that Seattle tech workers who own their homes can expect to have about $2,000 more in disposable income each month than tech workers in the Bay Area.ā€

Perhaps, but that money goes to vices needed to thwart the impact of the gloomy weather up there…

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Aren’t there parts of SF which are almost always cloudy and foggy? People still live there. Our summers here are pretty amazing and last 5 months.

Yes, my neck of the woods. But, WE love it!!! (God, I hope I can find a home in the peninsula…)

There are people here that love the overcast winter. I’m not sure what’s wrong with them. It’ll be interesting once HQ2 is selected. I think if it’s Dallas, Austin, Atlanta, or somewhere warm, then there will be a lot of current employees looking to move there. I hope it’s announced before my lease is up, so I know if I should buy in Seattle or just rent until I can move to the new city.

The new tax reform makes company paid relocation expenses taxable. I guess that’ll be good for the company. People will probably want to minimize relocation expenses to minimize the tax bill. It’ll be interesting to see if companies offer a bonus to offset the taxes.

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Seattle gets more hate then it should. I wouldn’t mind moving over there; I actually gave it a thought about six years ago. In fact with the new SALT tax madness it probably makes more sense for me to be up there than here considering I’d probably get similar pay but no state income tax.

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Come on, Ed!!! (Yes, I get it, RIP…)

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Close enough???

http://www.thenewstribune.com/news/business/article196744084.html

HGTV is giving away a $1.8M home on gig harbor. It’s not commutable. It is if you work in Tacoma, but jobs there pay a lot less There’s not much tech presence.

For commuting to Seattle, Bremerton is the way to go. There’s a 35 min fast ferry. Homes are really cheap but rising quickly as more people get priced out of Seattle. The crime is a little to high for where I’d want to live now. It’d be a good place for rental properties though.

Can we fire that author for writing an idiotic headline?

ā€œIn Seattle – where there are 35 percent fewer starter homes to choose from than last year – the typical entry-level home is worth $298,300, and has gained 12 percent in value over the past year. In the past five years, however, those homes have gained almost 80 percent.ā€

Up 12% in the last year doesn’t match the headline.

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Fine, she is presumably from your ā€œworld classā€ city…

Come on, and there’s rain!!! A lot of it!!!

https://www.seattletimes.com/business/real-estate/seattle-area-home-market-was-nations-hottest-for-2017/

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You mean there’s no drought, so your lawn won’t die. There’s also no one telling you how many times a day you can shower or flush your toilet. There’s also plenty of electricity. We don’t have days where people are warned to turn down their AC to avoid brownouts. I always associate lack of running water and electrical grid problems with third world countries.

We don’t have brownouts/water issues in the Fab 7x7. Remember the kinds of people that live here, well connected and old money. Think Presidio Terrace types all over…

https://www.seattletimes.com/seattle-news/homeless/washington-signals-to-landlords-denying-homeless-veterans-housing-is-illegal/

https://www.seattletimes.com/business/real-estate/metals-forging-firm-near-boeing-field-closing-after-8-decades-so-real-estate-can-be-sold/