Who can afford all the million dollar condos coming up in downtown seattle?

Can the market handle the surplus in high end condos being built. Asked by blinky 58 months ago Similar questions: afford million dollar condos coming downtown seattle Local > United States > Seattle - WA.

Similar questions: afford million dollar condos coming downtown seattle.

It's my experience that whenevber real estate goes up, the market finds it. Lot of rich folks in Seattle and a lot of rich folks NOT in seattle that might like it there. And a lot of not so rich folks in seattle who might like to make people think they ARE rich.

They'll do fine. Sources: My answer .

Real Estate is Supply versus Demand.... ... and therefore someone must be paying those dollars if they can continue to ask them. That's why I always get a checkle when the government offers "rental assistance" or similar to low income earners -- all it does is force up the price of the rentals. Here in Australia, our Government offered a 1st Home Buyers grant of $14,000 when they introduced the GST back in 2000.

The first thing that happened was EVERYONE tried to get their share of that $14,000. Brickies, Carpenters, Real Estate Agents, Landowners all wanted there piece of it. As a result, the median house price doubled in some areas in 4 years.

EVERYONE ended up paying more. Sources: Personal Opinion .

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I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.