https://www.vox.com/2016/8/8/12390048/san-francisco-housing-costs-tokyo
Category: Rentals
Seattle now most expensive city for renters outside California, census data shows
Study: 40% of landlords selling or sold Seattle properties because of new rental rules
Rent Control Feeds Inequality in San Francisco
…this study found San Francisco’s rent control reduced the rental housing stock by 15 percent—the rest of the city faced a rent increase of 5.1 percent. That’s the equivalent of $2.9 billion in additional costs to other tenants—a total wash in direct costs and benefits to residents inside or outside rent control’s “protection.” The overall effect, the researchers found, was more gentrification and “a higher level of income inequality in the city overall.”
https://reason.com/archives/2018/05/25/rent-control-feeds-inequality
U.S. house prices to rise at twice the speed of inflation and pay: Reuters poll
Landlords sue Seattle over tenant history ordinance
Want a home in Seattle area? You’ll need an $11,000 raise
“Households now need a record $93,400 annual income to afford monthly payments on the median house in the Seattle metro area”
“That figure is up from about $82,000 a year ago — a level that already exceeded the region’s actual median household income of $78,600 last year.”
Washington State Liberty Action Network 