Seattle’s affordability problems are well-documented: It’s the hottest housing market in the country, with an exploding population that outpaces the number of new houses and apartments being built.
But these issues aren’t limited to Seattle, or to other big cities like New York and San Francisco. Cities all over the country, especially in established and growing tech hubs, are grappling with how to deal with housing affordability, a panel of economists said at a forecasting conference Thursday in Seattle.
“A lot of challenging things are happening, and it’s not only in the Seattle area; it’s a nationwide challenge,” said Chris Mefford, president of Community Attributes Inc., a Seattle-based firm.
