"Not only does it cost upwards of 3k to rent a house"
The majority of tech workers who recently moved to Seattle rent their homes. I can't imagine they're happy about high rents either. Certainly less happy than a third-generation homeowner who's made $300K by doing nothing but watch prices inflate.
"Tech people use a city, they don't make on."
Isn't that what natives have said about immigrants since the beginning of time? They're uncultured, they're greedy, they crowd out the natives, they're only here for money, they ruin the neighborhood, etc.
You are putting words in my mouth. Not that they are untrue about tech fueled influx, or the displaced from SF. If you want to turn me into a paper bigot, go somewhere else.
What Seattle would be well served with is the most draconian rent control that a region has ever seen. You own the place you live in, period. Owning a second home and renting it out should be legislated into oblivion.
So the only people that can live in the city are ones that can afford buying a home? No youth, no elderly, no low-income people, etc.? Doesn't sound like an well thought-through idea.
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The majority of tech workers who recently moved to Seattle rent their homes. I can't imagine they're happy about high rents either. Certainly less happy than a third-generation homeowner who's made $300K by doing nothing but watch prices inflate.
"Tech people use a city, they don't make on."
Isn't that what natives have said about immigrants since the beginning of time? They're uncultured, they're greedy, they crowd out the natives, they're only here for money, they ruin the neighborhood, etc.