Condo Nation

Seattle's rental market is increasingly shrinking due to developers turning apartment buildings into condos. In September, The Stranger ran an article with this incredible stat:

"In the first half of 2005 alone, 579 apartment units in Seattle became condos, according to the Seattle Department of Planning and Development."

Like, wow.

The latest apartment building to bite the dust is the old Queen Anne High School where The Seattle P-I reports that residents will have the first shot at one-and two-bedroom units.