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Seattle's housing crisis is getting harder to hide. Mass tech layoffs are draining the high-income renters and buyers who kept the market propped up — and what's left is a progressive housing agenda with nothing to show for years of zoning fights, upzone mandates, and developer fees.The city's leadership bet everything on endless tech-sector growth to subsidize their affordability schemes. Now that the sector is contracting, the math doesn't work — and ordinary residents are the ones paying the price in higher costs, emptier storefronts, and a housing ladder with no bottom rung.This is what happens when policy is built for optics instead of economics. Seattle's progressive machine spent a decade making it harder and more expensive to build, then called it a housing plan. The layoffs just pulled back the curtain.CHAPTERS0:00 Progressive Seattle's Housing Crisis…1:34 Seattle Home Listings Double Normal2:12 Seattle Businesses Flee to Bellevue3:12 Inventory Spikes But Supply Stays Tight4:04 Layoffs Drive Seattle's Inventory Surge6:29 Seattle's Million Dollar Homes Drain…7:37 Iran War Killed Seattle's Rate Rally9:08 Tech Layoffs Behind Seattle's…9:54 Microsoft Workers Keep Seattle Market…10:58 Washington Tax Model Needs High Earners11:36 Starbucks Picks Nashville Over Seattle12:48 Moody's Warns Washington Into Doom Loop14:03 Seattle Mayor Runs Anti-Business…14:41 Rising Debt Forces Seattle Tax Hikes15:20 Amazon and Starbucks Fled Seattle's…16:01 Seattle Mirrors New York's Millionaire…17:10 East Side Holds as Rates Stay High19:09 Thank You for WatchingSubscribe to @reasonablenews for daily coverage of the stories the mainstream press won't touch.#WashingtonState #BusinessExodus #ConservativeNews𝗚𝗢 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗪𝗜𝗧𝗛 𝗥𝗘𝗔𝗦𝗢𝗡𝗔𝗕𝗟𝗘+ 𝗙𝗢𝗥 𝗨𝗡𝗖𝗘𝗡𝗦𝗢𝗥𝗘𝗗 𝗔𝗖𝗖𝗘𝗦𝗦 🌟https://ReasonableTV.com/🛍️ 𝗠𝗘𝗥𝗖𝗛 - https://Store.ReasonableTV.com/💬 𝗝𝗢𝗜𝗡 our 𝗙𝗥𝗘𝗘 Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 𝗦𝗠𝗔𝗦𝗛 that 𝗟𝗜𝗞𝗘 button & 𝗦𝗨𝗕𝗦𝗖𝗥𝗜𝗕𝗘 for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeople𝗦𝗧𝗔𝗬 𝗖𝗢𝗡𝗡𝗘𝗖𝗧𝗘𝗗:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL
By Sean Reynolds4.3
9191 ratings
Seattle's housing crisis is getting harder to hide. Mass tech layoffs are draining the high-income renters and buyers who kept the market propped up — and what's left is a progressive housing agenda with nothing to show for years of zoning fights, upzone mandates, and developer fees.The city's leadership bet everything on endless tech-sector growth to subsidize their affordability schemes. Now that the sector is contracting, the math doesn't work — and ordinary residents are the ones paying the price in higher costs, emptier storefronts, and a housing ladder with no bottom rung.This is what happens when policy is built for optics instead of economics. Seattle's progressive machine spent a decade making it harder and more expensive to build, then called it a housing plan. The layoffs just pulled back the curtain.CHAPTERS0:00 Progressive Seattle's Housing Crisis…1:34 Seattle Home Listings Double Normal2:12 Seattle Businesses Flee to Bellevue3:12 Inventory Spikes But Supply Stays Tight4:04 Layoffs Drive Seattle's Inventory Surge6:29 Seattle's Million Dollar Homes Drain…7:37 Iran War Killed Seattle's Rate Rally9:08 Tech Layoffs Behind Seattle's…9:54 Microsoft Workers Keep Seattle Market…10:58 Washington Tax Model Needs High Earners11:36 Starbucks Picks Nashville Over Seattle12:48 Moody's Warns Washington Into Doom Loop14:03 Seattle Mayor Runs Anti-Business…14:41 Rising Debt Forces Seattle Tax Hikes15:20 Amazon and Starbucks Fled Seattle's…16:01 Seattle Mirrors New York's Millionaire…17:10 East Side Holds as Rates Stay High19:09 Thank You for WatchingSubscribe to @reasonablenews for daily coverage of the stories the mainstream press won't touch.#WashingtonState #BusinessExodus #ConservativeNews𝗚𝗢 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗪𝗜𝗧𝗛 𝗥𝗘𝗔𝗦𝗢𝗡𝗔𝗕𝗟𝗘+ 𝗙𝗢𝗥 𝗨𝗡𝗖𝗘𝗡𝗦𝗢𝗥𝗘𝗗 𝗔𝗖𝗖𝗘𝗦𝗦 🌟https://ReasonableTV.com/🛍️ 𝗠𝗘𝗥𝗖𝗛 - https://Store.ReasonableTV.com/💬 𝗝𝗢𝗜𝗡 our 𝗙𝗥𝗘𝗘 Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 𝗦𝗠𝗔𝗦𝗛 that 𝗟𝗜𝗞𝗘 button & 𝗦𝗨𝗕𝗦𝗖𝗥𝗜𝗕𝗘 for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeople𝗦𝗧𝗔𝗬 𝗖𝗢𝗡𝗡𝗘𝗖𝗧𝗘𝗗:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL

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