Vulcan removed commons areas and built a limited amount of housing that they pro...

Vulcan removed commons areas and built a limited amount of housing that they profit from. In 2013 Amazon had 15,000 employees in Seattle. Now they employ 55,000 at the downtown Seattle campus.

https://www.nytimes.com/2013/08/26/us/as-amazon-stretches-se...

https://www.aboutamazon.com/news/community/amazon-return-to-...

South Lake Union has added ~6000 units in the last decade.

https://www.point2homes.com/US/Neighborhood/WA/Seattle/South...

https://kidder.com/wp-content/uploads/trend_article/2023-Apa...

Employment to housing is like a 6:1 ratio. All those units are full. There is less housing per employee in the area now.