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

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.

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