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Every generation of Seattle renters is highly rent-burdened, report says

41 percent of Seattle- area millennials spend more than 30 percent of their income on rent, according 2015 U.S. Census data and a new report by apartment- listing site Abodo —the accepted standard of affordability. It’s a high burden for the metro’s highest renter population . More than half of millennials rent, at 52.8 percent. But that high rental burden extends to the generations before them. Only 33.2 of Seattle-area members of Generation X rent, but out of those that do, around the same number of them—41.4 percent—spend more than 30 percent on their rent. Baby boomers have the highest rate of homeownership out of the three, with 75.3 percent owning their own home. But out of those that rent, they also have the highest rate of rent burden, at 49.3 percent. It speaks to a large income gap between boomers who own and boomers who rent. Homeowning boomer households have double the typical annual income than renter boomer households : $81,000 and $41,000, respectively. This speaks ...

As housing market soars, poorest renters are priced out

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"); } if ($(imageDivId).length == 0) { $("#wrapper").after(contentText); } })(jQuery); BREMERTON, Wash. - Crystal Turner stood in the kitchen of her cramped apartment and stared at the cracks in the fake wood flooring beneath her feet. Surrounding her was the home she'd made for herself and her two sons in the past year, since they moved out of her Toyota Camry and into Admiral Manor, a low- rent apartment complex in west Bremerton . There was the single bedroom with two kids' beds on the floor. The living room she'd decorated with signs that said "Hope" and "Love." A dingy bathroom with a leaking toilet that had never been fixed. In this undated photo, Matthew Daigneault pushes his son Aden as he plays outside on the swings of his rental home in West Bremerton , Wash. (Larry Steagall/Kitsap Sun via AP) © 2017 Cox Media Group . Admiral Manor wasn 't the place Turner, a recovering addict, wanted to raise her boys. It was the place...

In SF politics, the action’s in District 6, a bellwether for rest of city

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Take a walk east from the gold-plated cupola of San Francisco City Hall and the landscape transforms into the Tenderloin, a patchwork of residential hotels, small delis and social service clinics that cater to the poor. It winds into the city’s main tourist corridor , and, farther along, a glossy cluster of condominium towers where upper- story penthouses cost millions . These symbols of extreme poverty and prosperity are wedged together in District Six, which serves both as a portal for visitors and a cauldron where San Francisco ’s most pressing political issues simmer . For 20 years, District Six voters have reliably concluded that the solutions to those issues come from the progressive viewpoint. And while it’s more than a year until the next election for supervisor, the contest is already shaping up as a test of whether that is still true. From the Tenderloin to the Mission Bay waterfront , District Six has seen a rush of development over the past two decades, and residents are ...

PROGREEN US : Management's Discussion and Analysis of Financial Condition and Results of Operations. (form 10-K)

The following discussion of our financial condition and results of operations should be read in conjunction with the financial statements and notes thereto and other financial information included elsewhere in this report. Certain statements contained in this report, including, without limitation, statements containing the words "believes," "anticipates," "expects" and words of similar import, constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel ; changes in our business strategy or development plans; competition; business disruptions; adverse publici...