TRUE CONFESSIONS: After 14 years, I’ve had it. I’m leaving Seattle.
The toxic politics are bad enough, but the city also has become unaffordable for the middle class. Partly, that is due to high demand (which is a good problem for a city to have), but it’s also due to self-inflicted wounds, such as a restrictive housing policy that artificially caps supply. Seattle is well on its way to becoming the next Vancouver, British Columbia, with the median housing price having spiked to an eye-watering $820,000, far outside the reach of the middle class. Unless they are able to save for about 14 years to afford a down payment, millennials can forget about homeownership entirely.
The $15 minimum wage has added gasoline to the fire. Though it hasn’t even been fully implemented yet, the most recent study last summer revealed that when the minimum moved from $11 to $13 an hour, low-wage workers lost about $125 per month. That means that the law raises costs for businesses and customers while actually harming employees it was meant to help.
But stubborn facts and a hurting middle class don’t seem to faze the City Council, which seems far more concerned about issues over which it has zero control — such as climate change and foreign policy — than it does about issues over which it has at least a modicum of control, such as the cost of living, homelessness, crime, traffic and potholes. For our City Council, virtue signaling is more important than governing.
The Left is forever inventing new ways to wage war against the bourgeoisie and bourgeoisie values, and Bad City Government is just the latest.