As the Seattle RE market continues its slide downhill, we have a new champion for a bubblicious fence! Site 17 in Belltown, welcome to Deflation Land!
This building was a $1100 1-bed rental when I arrived in Seattle during the dotcom heyday in 2000. It went condo, and now has 10, count-em, 10, lockboxes. Another perspective:
Part of condominiumization involves applying a thick layer of pretentiousness. By buying into this disaster, you are experiencing a great aesthetic achievement!
Our former champion, the Athena in Lower Queen Anne, has only 4 lockboxes as of this morning. No contest!
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