Are Seattle rents rising as much as we've been told? Well, not really, according to Dupre+Scott. Turns out that the glut of new, expensive apartments "in the $1,300 to $2,000 range" are driving up the average while normal rents have risen more slowly than operating costs to manage the buildings. There's a bunch more info that Seattle Met has broken down about supply & demand in the market worth a read right here. [Seattle Met]
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