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Seattle is pricey

By February 19, 2007

Seattle PI, Seattle too pricey for normal people.

It is, but there must be a lot of rich people because whenever I wonder about who can afford $500k condos I just go for a bike ride down Lake Washington Blvd or a boat road around Lake Washington or the Sound and there are multi-million dollar homes as far as the eye can see*.

*The homes would be multi-million dollars if they went on the market today. However it is likely many of them were purchased at a time when real estate was much more affordable.

Update: Seattlest has a few comments too, Relocated Boise Couple Can’t Hack It, Whines to P-I