walkitout (walkitout) wrote,
walkitout
walkitout

real estate, gas, and I'm going to have to stop reading Seattle Bubble

Here's the post that has done me in:

http://seattlebubble.com/blog/2008/07/07/beating-a-dead-horse-gas-prices/

This is the third time the author of this blog has hammered on some article that describes people who _are in fact_ moving from a long commute to a short commute.

Here's the article:

http://seattletimes.nwsource.com/html/businesstechnology/2008036634_housegas07.html

It's actually a pretty good article about a _working couple_ who lived together in _Kirkland_ but both worked in Seattle, and who decided to buy a townhome in the Roosevelt neighborhood. Again, many of my readers are in/from Seattle and thus familiar with it -- but others are not. Roosevelt, FWIW, is an _awesome_ neighborhood a little bit north of the U-District with good access to freeways, great bus service, mostly single-family homes switching over to multi-family (think Ballard a few years ago), with decent schools, a Whole Paycheck as well as more moderately priced groceries, a smattering of restaurants, etc.

What it is not is on Capitol Hill. I don't know _why_ the author of Seattle Bubble concludes the couple is buying on or around Capitol Hill (which would be prohibitively expensive even taking a huge hit to the lifestyle in terms of # bedrooms/square footage, etc.). The article clearly states Roosevelt, altho I suppose you actually have to skim down to the bottom to discover this.

A very, very superficial check at real estate prices confirmed what I suspected: Kirkland is _more_ expensive than Roosevelt, unless it's a wash. This would be because of historical perceptions of school quality (Seattle Public had a very, very nasty rep there for a while) that, if they were true, aren't any more.

So. A couple of people decide to move closer to their jobs, in a neighborhood with great services, which will probably be slightly cheaper than where they were commuting from. And the idiot who lives in Kenmore thinks that this won't "pencil out". [ETA: It was uncalled, petty, small-minded and mean of me to refer to The Tim from Seattle Bubble in this manner. I apologize. He responded quite handsomely in the first comment below.]

Yeah. I'll go waste my spare time reading the comments at Calculated Risk, instead. If I need Seattle real estate info, I can always read Rain City. I added my corrections in a comment; I'll check back one more time to see if this had _any_ impact on the author. Otherwise, I'm afraid he's just a wack job whose particular hangup is no longer all that unique (since everyone by now seems on board with the idea that real estate in and around Seattle has crested).
Subscribe
  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 8 comments