When I bought my home in 1991 there were only 3 houses under $100,000 in north-end Seattle at the time. And I got one of them.
Now they’re pushing $15/hour out to 2021. It’s a decent wage now but it won’t be then. People blame the wrong things for what’s going on in our economy.
I think that more and more people are moving in here. People have not had any wage increases, so you’re living in a house that is increasing in value, but wages are not going up, so everybody’s stuck.”