No doubt about it. Seattle is booming. The city bird should be the construction crane. Despite the astonishing number of buildings being erected, contractors can barely keep up with the housing demand.
Because of this, landlords know they can basically charge whatever they like in rent. According to Rent Jungle, as of May 2015, the average apartment rent within 10 miles of Seattle was $1853. One bedroom apartments rent for $1501 on average, and two bedroom apartment rents average $2015 per month.
This, to me, is obscene, but it gets worse. Since it obviously is quite profitable to own apartment buildings in this town, they’re cropping up like mushrooms overnight. And they’re being built as cheaply as possible, with little or no regard for aesthetics.
There’s an architectural trend in this city that I like to call “Shipping Container Chic” because these buildings look like your basic metal shipping containers, stacked one on top of the other, and the apartments themselves have about that much charm. And half the time no allowances are being made for parking, which is adding to Seattle’s gridlock.
The proliferation of this style means that this city is getting uglier by the minute, but apparently that’s okay, because, by God, it’s profitable. If this keeps up, the whole area will harken back to Communist era housing, with a little bit of colored paint thrown in as an afterthought. What ever happened to style and variety? Ugh.