Date: November 29, 2018
They Said It!
Real Estate Expert: Amazon is Responsible for
Increased Housing Costs for Blue Collar Workers in Seattle
John Buck: How about rents rising, for blue-collar workers specifically?
John Adams: Seattle reports in last five or six years, their rental rates for low to moderate employees have gone up three times the national average. That’s a direct result of Amazon being there. We have no reason to believe it wouldn’t be the same thing here.” (FOX 5 Atlanta, “Good Day Atlanta” November 27, 2018)
ABOUT THE FREE & FAIR MARKETS INITIATIVE
The Free & Fair Markets Initiative (FFMI) is a non-profit coalition of businesses, consumer advocacy groups, workers and community activists committed to scrutinizing and highlighting emerging market trends that are stifling competition and innovation, influencing federal and local government spending, putting consumer data in harm’s way and limiting consumer choice. For a list of members, please visit https://freeandfairmarketsinitiative.org/about-us/members/. For more information on the Free & Fair Markets Initiative, please visit https://freeandfairmarketsinitiative.org.