Seattle Elects Anti-Millionaire Katie Wilson As Housing Tanks, SF Booms

San Francisco's housing market is on fire. AI employees from OpenAI, Anthropic, and the broader tech boom are flooding the market with cash, driving record overbids and a frenzy not seen since before the 2022 collapse. Meanwhile, Seattle's market is slumping under the weight of tech layoffs, elevated rates, and a political class that has made no secret of its contempt for the high earners keeping the city afloat.The leadership contrast tells the whole story. In San Francisco, Mayor Daniel Lurie has been methodically cleaning up the city — businesses are returning, buyers are bidding over ask, and IPO money is flowing straight into real estate. In Seattle, the mayor has been on record saying he's not worried about the millionaires, the city has been actively taxing businesses out the door, and now Katie Wilson has been elected promising more of the same agenda that already sent Starbucks packing to Nashville.The numbers back it up. San Francisco is seeing record overbidding fueled by AI salaries and stock windfalls. Seattle is watching sales volume crater and buyers freeze at the threshold — not because prices have collapsed, but because nobody trusts where the city is headed. AI is reshuffling where tech workers choose to plant roots, and right now Seattle's leadership is giving them every reason to plant them somewhere else.Subscribe to @reasonablenews for daily coverage of Pacific Northwest politics, housing markets, and the leadership decisions reshaping the West Coast.#NFRP #Seattle #SanFranciscoGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS 🌟https://ReasonableTV.com/🛍️ MERCH - https://Store.ReasonableTV.com/💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY🌐 NOT on Discord? CHAT with us right on the site — free account, no app needed: https://ReasonableTV.com/community/👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeopleSTAY CONNECTED:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL