Seattle Apartment News - June 2016
Is it June again already? Here is some Seattle Apartment news for you. I know it's been a while since I've posted. The first half of 2016 has been an extremely productive time here at Rent-Guru. Renting in Seattle isn't getting any easier, although is it getting a little safer and a lot more expensive. Most of these articles are from the past month or so. I hope you enjoy.
Please excuse any messyness here. I'm posting this from an airplane. I'm headed to Los Angles for some downtime and the Dwell on Design Convention. Want to see what i'm up too? Follow me on Snapchat, twitter, or periscope. SC: Bkhighfive Twitter: @rent_guru P: @bkhighfive
Trends in rent prices are completely predictable. Eric Fischer transcribed 30 years worth of "For. Rent" adds from San Francisco newspapers. What he found is pretty amazing. Apartment prices follow a very clear path and can be broken down to three key factors. http://observer.com/2016/05/a-guy-just-transcribed-30-years-of-for-rent-ads/.
Trying to decide weather to purchase or rent a home? Here are some points to keep in mind. http://www.nytimes.com/2016/06/05/upshot/four-not-so-obvious-things-to-consider-when-deciding-to-buy-or-rent.html
Rents are still climbing higher than incomes http://www.marketwatch.com/story/rental-costs-continue-to-surge-past-incomes-2016-05-17
I'm posting this article because I really like the Gif for Seattle. It shows the number of $1 Million homes in Seattle over the past four years. http://www.trulia.com/blog/trends/million-dollar-homes-2016/
Homeownership is down, renting is up. http://www.forbes.com/sites/shreyaagarwal/2016/05/06/homeownership-rates-are-falling-and-its-not-just-a-millennial-problem/#d6ffc9aa9e02
No homes to purchase? Let's blame it on the Millennials. http://news.theregistryps.com/redfin-persistent-housing-supply-shortage-is-yet-another-thing-to-blame-on-millennials/
Is this news getting you down? You can always squat in Las Vegas. http://www.nytimes.com/2016/05/15/us/las-vegas-squatters-housing-collapse.html
Homlesness in Seattle continues to be a problem. One of the largest areas for this is under Interstate 5. It's know as the jungle. http://www.seattletimes.com/opinion/editorials/why-seattle-must-remain-firm-on-shutting-down-the-jungle
Here is a story from the Stranger about a man camping on a ledge under the I5 cap. http://www.thestranger.com/slog/2016/06/10/24192136/a-homeless-man-was-camping-on-a-thin-ledge-above-the-freeway
From Boingboing.net Five Essays About Homeliessness in Seattle http://boingboing.net/2016/06/18/homeless-in-seattle-five-essa.html
Want to reduce homelessness and gentrification? We need more housing. http://www.planetizen.com/node/86624/conflicting-views-how-best-combat-gentrification-explained
Looking for some relief to these high rental prices. Check out this interesting article from sightline.org talking about Mandatory Housing Affordabilty http://www.sightline.org/2016/06/01/seattles-housing-future-depends-on-a-mathematical-and-political-balancing-act
For those Seattle renters who have affordable apartments keep this in mind if your landlord tries to jack up your rent. http://www.seattletimes.com/seattle-news/politics/landlords-blocked-from-raising-rents-on-seattle-apartments-with-safety-violations/
Here is a second article about this great new regulation. https://www.thestranger.com/news/2016/06/08/24178683/stopping-slumlord-rent-hikes
You know my love for tiny homes and distaste for buzzwords. Here is an. Article about the new hot trend in added density. Shedquarters http://lightersideofrealestate.com/real-estate-life/cool-stuff/shedquarters-new-trend-for-home-based-businesses
Let's talk about short term rentals for a second. Airbnb is in our local papers almost daily. Here are a few articles to keep you up to date.
Airbnb Is A Key Player in The Sharing Economy http://www.seattletimes.com/business/seattle-examines-airbnb-for-effects-outside-the-sharing-economy/
Seattle May Slap New Rules on Airbnb to Ease Rental Crunch. http://www.seattletimes.com/seattle-news/politics/seattle-may-slap-new-rules-on-airbnb-to-ease-rental-crunch/
Australia has unveiled a new pedestrian control system. Traffic signals installed in the ground. How about instead of adding more lights and putting the emphasys on pedestrians not paying attention we limit city speeds to a maximum of 20 miles per hour. As cities become more crowded, right of way should be given to pedestrians and transit. http://www.engadget.com/2016/06/01/australia-traffic-lights-in-ground
I'm not the only one who things cars and cities don't mix. http://www.fastcoexist.com/3060340/world-changing-ideas/why-did-the-us-let-highways-ruin-its-cities-and-how-can-we-fix-it?
As the weather heats up, you may want to reconsider that air conditioner https://www.washingtonpost.com/news/energy-environment/wp/2016/05/31/the-world-is-about-to-install-700-million-air-conditioners-heres-what-that-means-for-the-climate
I'm pretty sure this is rental related. The history and world domination of IKEA http://fortune.com/ikea-world-domination/
Well that's it for now. I hope you've learned a thing or two on this tour of the news. Please feel free to send me your questions or articles you find. I'm always looking for more information for this blog.