Velo apartments in Fremont: Although the building was marketed as bike-friendly and has a bicycle incorporated into its logo, the developer waited until parking spaces went unused before it decided to build more bike storage. MALCOLM SMITH
Seattle is in the midst of a housing crisis. Politicians are arguing in public debates about rent control. Growth is booming, and rents are skyrocketing. More than 100,000 people are expected to move here over the next 20 years. As of May 2015, the average rent for a one-bedroom apartment in Seattle was $1,501—an increase of 11 percent over the previous six months, according to RentJungle.com. More than half of Seattle renters pay more than one-third of their income in rent. At this pace, we’re on track to become a metropolis for the ultra-wealthy.
The lack of affordable housing in Seattle has been blamed on factors such as the absence of rent control…
