New tool shows King County's housing affordability crisis in real time

[Yo_Mama_Been_Loggin]

King County has a deficit of over 100,000 apartment units affordable to lower-income households. The shortage is greater — over 340,500 — for middle-income households.

This is one takeaway from the new Housing Availability Dashboard launched Aug. 15 by the King County Department of Assessments. The dashboard provides information segmented by income levels and housing costs, and contrasts demand with supply to reveal surpluses or shortages by income and affordability levels. Data can be broken down by ZIP code.

Assessor John Wilson said in a press release his office reached out to FUSE Corps, a national nonprofit, to explore ways to "empower everyday citizens to navigate housing availability demand and supply issues we all face."

The result is what Wilson calls a "regularly updated, user-centric resource ... to provide insights and understanding of the current affordable housing landscape for all King County residents."

https://www.bizjournals.com/seattle/news/2024/08/20/king-county-gets-housing-affordability-dashboard.html

[LisaM]

1. Yeah, because all they do is build studio and one bedroom apartments

that are way overpriced. They won't regulate short term rentals. They won't enact any form of rent control. They won't build duplexes or townhouses, and they keep knocking down the older, affordable buildings. There is no regulation of foreign ownership.

The answers are all there, but this town is in the pocket of developers.