Average Seattle worker can’t afford to live here

City looks for solution to lack of affordable housing

Noam Gundle’s income as a science teacher at Ballard High School is enough to buy less than half a typical house or three-quarters of a condo, based on last year’s sales prices.

But he earns too much money to qualify for programs that help low-income residents buy homes.

…

Employers agree that housing costs are becoming an issue when hiring. Companies have a harder time attracting and keeping workers and may even move where employees can afford homes. "Jobs follow workers," John McIlwain, a senior Urban Land Institute fellow, warned recently.

By AUBREY COHEN
P-I REPORTER

Full Story: http://seattlepi.nwsource.com/business/309914_affordable02.html