The Globe

Seattle residents say they’re in ‘survival mode,’ promoting properties as excessive costs squeeze center class

Source link : https://big-apple.news/2026/07/15/new-york-news/seattle-residents-say-theyre-in-survival-mode-promoting-properties-as-excessive-costs-squeeze-center-class/

Even a household with ties to one in all America’s largest tech firms says it might now not make the numbers work. 

Confronted with rising prices for groceries, gasoline, insurance coverage and housing, a Seattle-area household is promoting its residence and downsizing as inflation continues to pressure family budgets.

“The final yr has undoubtedly been an absolute tightening up of what we’re spending on,” Liesl Gatcheco advised The Seattle Instances in an article by enterprise reporter Jessica Fu printed Tuesday.

“It’s totally worrying,” Gatcheco stated. “I really feel like I have been dwelling emotionally in survival mode.”

Liz Peek: Democrats’ Affordability Rip-off Collapses In States They Truly Run

Properties on the market within the West Seattle neighborhood June 18, 2024.

Fu wrote that inflation within the Seattle space “remained excessive” in June and continued to outpace the remainder of the nation. Shopper costs within the Seattle-Tacoma-Bellevue area rose 4.5% over the previous yr, down from 4.9% in April however nonetheless increased than the U.S. inflation fee of three.5%.

Learn On The Fox Information App

Gatcheco is a self-employed esthetician, whose revenue “has gone down as fewer purchasers make bookings,” in keeping with The Seattle Instances.

Her husband works at Microsoft.

Fury Erupts As Us Model Fires 1,600 Staff After Securing Hundreds Of Overseas Employee Visas

The price of dwelling in Seattle is inflicting some residents…

—-

Author : big-apple

Publish date : 2026-07-15 07:15:00

Copyright for syndicated content belongs to the linked Source.

—-

12345678

Exit mobile version