Seattle's Housing Market Is Imploding as the "Starbucks Effect" Takes Hold

Published:

Seattle’s Housing Market Is Imploding as the “Starbucks Effect” Takes Hold

"...Seattle’s experience mirrors patterns in other major Democratic strongholds where ideology trumps pragmatism. Companies vote with their feet, seeking environments where rule of law prevails and success isn’t penalized. Residents follow, seeking affordability and security. The resulting vacancies and price corrections represent market correction, not crisis—though the human cost of policy failure remains real for those left behind...."

https://economiccollapse.report/seattles-housing-market-is-imploding-as-the-starbucks-effect-takes-hold/

 

Entry #8,785

Comments

Avatar JAP69 -
#1
The cost of poliotics
Avatar konane -
#2
Thanks JAP. A lot of politicians seem to have graduated from the "Alfred E. Neuman" university. So long as they get theirs that's all that matters to them.
Avatar sully16 -
#3
What a waste of a State.
Avatar konane -
#4
Thanks Sully. I hate to see such degradation and willful destruction from 'mostly peaceful protests.'
Avatar Think -
#5
What a buncha crap this article is.
It's hardly a collapse when the avg house price goes from $907k to $859k.
That's still way overpriced.
People always confuse corrections with crashes.
Fake news crap article.
Avatar konane -
#6
Thanks Think. My take on the article was to show a trend to hopefully wake blue cities. I would be more interested in housing prices of more realistically priced homes as to what is happening to those communities. They're likely going to see tax increases to compensate for losses from decline in average prices.

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