Today’s luxury apartments may be tomorrow’s affordable housing

The Harvard House (foreground) is much older and better priced than its newer neighbor.  Older apartment buildings in Seattle typically are more spacious and rent for less than their newer counterparts.

Seattle’s boom in high-end apartments may actually be helping the city’s affordability because of a “filter-down” effect as buildings age, some say. The key to easing rents? Keep building, they advise.

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