While we’re sitting at #2 with the most unaffordable rent, they are pushing a rent control bill very hard this year (again). The extreme legislation we see year after year will continue to push landlords out of WA and move their money to other states.
Great write up Matt. One thing I'm not sure on is Jeff Bezos leaving Washington because of taxes. $600 million is an insane amount of money to us layman. But it's only .002% of Jeff Bezos estimated net worth.
i think it is one factor. There are multiple others say, the traffic, roads, homelessness, and many others. Florida is also a way better business environment. I won't be surprised when we start to see Amazon moving towards the door in a similar manner to Boeing.
While we’re sitting at #2 with the most unaffordable rent, they are pushing a rent control bill very hard this year (again). The extreme legislation we see year after year will continue to push landlords out of WA and move their money to other states.
More regulation = less housing
Great write up Matt. One thing I'm not sure on is Jeff Bezos leaving Washington because of taxes. $600 million is an insane amount of money to us layman. But it's only .002% of Jeff Bezos estimated net worth.
i think it is one factor. There are multiple others say, the traffic, roads, homelessness, and many others. Florida is also a way better business environment. I won't be surprised when we start to see Amazon moving towards the door in a similar manner to Boeing.