Monday, August 3, 2015

News Report: The Hidden Reason Behind Seattle's Increasing Housing Costs

Seattle's alternative weekly, The Stranger, reported last week that parking spaces cost between $20,000 and $50,000 each.

According to the article, Seattle rents are an average of $246 higher than they would be without a parking space, and Portland's rents average $500 per unit more for the same reason.

Read the story.