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Seattle Now

What's left of your paycheck after housing?

Seattle Now

KUOW News and Information

News, Daily News

4.7669 Ratings

🗓️ 2 July 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

We all know that it’s really expensive to buy a home in the Seattle area.  

But the amount of money you need to get in the door in this market is probably more than you imagined. 

Even renters who earn a good living are feeling the squeeze.

Seattle Times reporter Heidi Groover is here to explain.

Read Heidi’s story in the Seattle Times: https://www.seattletimes.com/business/real-estate/as-wa-housing-costs-climb-incomes-arent-keeping-up/

We can only make Seattle Now because listeners support us. You have the power! Make the show happen by making a gift to KUOW: https://www.kuow.org/donate/seattlenow

And we want to hear from you! Follow us on Instagram at SeattleNowPod, or leave us feedback online: https://www.kuow.org/feedback 

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

These days, there's so much news.

0:01.8

It can be hard to keep up with what it all means for you, your family, and your community.

0:06.4

The Consider This Podcast from NPR features our award-winning journalism.

0:10.7

Six days a week, we bring you a deep dive on a news story and provide the context and analysis that helps you make sense of the news.

0:17.5

We get behind the headlines.

0:19.4

We get to the truth.

0:22.8

Listen to the Consider This podcast from NPR. Hey, good morning. It's Patricia Murphy. It's Tuesday. This is Seattle now. We all know

0:33.1

it's really expensive to buy a home in the Seattle area, but the amount of money you need to get in the door in this market is probably more than you imagined.

0:42.2

Even renters who earn a good living are feeling the squeeze.

0:46.3

Seattle Times reporter Heidi Groover is here to explain, but first, let's get you caught up.

0:54.6

The Seattle City Council Committee charged with shaping the 2024 transportation levy will meet this morning.

1:01.5

As it stands, the proposed $1.5 billion levy is the most expensive in the city's history.

1:07.7

If things go smoothly, the committee could vote on amendments and then the entire package.

1:13.0

If not, the deadline to finalize the levy for November's ballot is July 9th.

1:18.2

Temperatures have been on the cooler side, but brace yourself. The National Weather Service says

1:22.9

things will really warm up midweek. We could be into the 80s by Friday. The heat can be dangerous, so take

1:29.4

steps to protect yourself. Stay hydrated and stay inside if you can. And remember, the water is still

1:35.8

really cold. And don't let the charge run too low on your electric vehicle if you're out and about.

1:42.3

Geekwire reports that over the last year, at least

1:45.2

a hundred EV charging cables have been stolen across the city. Turns out Seattle is a hotspot

1:51.1

for this kind of theft. The draw is the copper, which is valuable scrap. The thefts are

1:56.8

especially vexing for drivers who don't have a home charging setup.

...

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