The hospitality industry has taken a huge hit during the pandemic. How about the short-term rentals like Airbnb and VRBO? They might be considered a less risky alternative to large hotels, and lower overhead would allow them to hang in through the rough times.
Apartment rents have continued their freefall across most of the Seattle area. But even with high vacancies, a lot of apartments are in the pipeline. In 2019, over 14,000 new apartments were permitted in King County.
2021 is the year when everything goes back to normal, right? So, how close have we gotten? It turns out that in the aggregate, we are not too far off from normal.
A region that had been flying high for decades suddenly seems to have hit a slump. Is it contagious? Is Seattle’s social distance of 700 miles enough?
With increasing technology business ties between Seattle and San Francisco, the longstanding sisterhood is getting closer. So, we might ask how much of what seems to be ailing San Francisco these days has migrated up the coast.