Seattle’s South Lake Union neighborhood has become a microcosm of the changes and challenges the city faces. Many see it as the symbol of the housing affordability crisis, as Amazon draws large numbers of highly-paid tech workers to its dense urban campus.
But new stats from Seattle real estate database, Zillow, tell a more complicated story. According to a report by Zillow Senior Economist Aaron Terrazas, 53.4 percent of tech employees working in South Lake Union live outside of the city proper. And while those residents may contribute to the city’s traffic woes, they aren’t directly driving rents up