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My New Studio Build (perhaps overly detailed)

Super high sales tax on basically everything except food. The rate varies from city to city. Here in Seattle the rate is currently a fairly staggering 10.1%. The value of my home is increasing so rapidly that I hardly care, haha. Seattle is kind of a zoo right now which my fellow Seattleite @Marial will attest to.

Housing affordability is a hot button for sure. I'd opine on taxes but that would violate forum rules. As for regulation, I'll just say that if you've visited a country like Ecuador, for example, you might be glad of stringent codes.
 
Housing affordability is a hot button for sure.
To say the least. I'm on the other end of it from most people. I'm constantly thinking (and hoping) that if the market continues its current trend I'll be able to sell my current house (and unfortunately the studio) in a couple years and then move closer to my office in south King County in a super nice home and just pay the thing off entirely. No mortgage at all. I'm less than $200,000 short of that goal right now and if I can do a few more upgrades to the home and the trend continues I'll be able to realize that potential shortly after I get the studio finished and will no longer want to sell, haha. I realize that goal is not a good thing for a lot of people in the region who aren't in as fortunate of a position as I am, so I'm admittedly a little torn.

I'd opine on taxes but that would violate forum rules.
Definitely don't want the conversation to tread into rule violation territory. Suffice it to say (in response to @markjazzbassist earlier) it is nice to not have a state income tax, but it's more than made up for by sales tax and astronomically high property taxes. Add to that the streamlined sales tax initiative removing sales tax revenue from the largest shipping and receiving hub on the west coast which in turn has forced a few cities to employ B&O taxes, and what you're left with is an incredibly high tax rate for the region. It's an incredibly nice region, so I'm happy to pay the taxes in order to live here.

As for regulation, I'll just say that if you've visited a country like Ecuador, for example, you might be glad of stringent codes.
Curiously there are TONS of retired expats living in Ecuador. My parents have discussed making that move a number of times. I have my doubts that they'll ever pull the trigger on it, but it'd be a good excuse for me to visit somewhere more exotic than their current location in eastern Washington, haha.
 
Ecuador is beautiful, it's where my wife is from. It has, or had, the largest expat community of American anywhere in the world. That said, building standards are not... robust. Living in an earthquake zone in Seattle, it was a real eye opener going to Quito, another earthquake zone. It also has a pretty fraught political situation currently, though not nearly as bad as Venezuela's.

I will say one more thing about Seattle's taxes - they are extremely regressive, probably the most regressive in the country. As a home owner, like Chris, I'm on the upside of the current situation, though the property taxes are insane. That's about all I can say and I've probably said too much already.
 
I will say one more thing about Seattle's taxes - they are extremely regressive, probably the most regressive in the country. As a home owner, like Chris, I'm on the upside of the current situation, though the property taxes are insane. That's about all I can say and I've probably said too much already.
I don't think saying that is in violation of any forum rules. It's well documented and generally agreed upon. I'll be curious to see what happens with Seattle's most recent attempt to break the regressive nature of its taxation (legal appeals already being mounted). The next few years will be VERY interesting for us Seattle'ites... but you're probably right. We should leave it at that.
 
Congrats!! On that taxes I was just talking about it because i heard on NPR the other day they are trying to pass the first income tax there. I waxed philosophical.

Ok so now that the permits are done what are the next steps for the studio?
The income tax is only applied to folks making (if I recall correctly) $250,000 and up.

Next studio steps: Finish framing the upper triangle of the partition wall, insulate the partition wall, and then put it on hold until I'm back from Iceland. That vacation will be expensive, and until I know how much I spend on it I don't want to extend myself further on the studio.
 
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For what our house in Seattle is worth we could probably get a mansion in Bexley. Of course, we wouldn't we likely wouldn't have commensurate income. Prices here are insane.

yeah i used to live in LA. we left because buying a sh|thole in gang territory for 400k wasn't our idea of a "nice home". same with new orleans, small 2-3 bedroom in the city you're looking 400k+. cleveland ohio? people are leaving here not moving here, i have the leverage :roflmao:
 
yeah i used to live in LA. we left because buying a sh|thole in gang territory for 400k wasn't our idea of a "nice home". same with new orleans, small 2-3 bedroom in the city you're looking 400k+. cleveland ohio? people are leaving here not moving here, i have the leverage :roflmao:

Cleveland has come a long way. Almost married a girl from Cleveland (I'm from Columbus originally).
 
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Cleveland has come a long way. Almost married a girl from Cleveland (I'm from Columbus originally).

it's getting better, way better than the rep it had when i was growing up as a kid here (mistake on the lake, dump, etc.). columbus your old town has overtaken us i think as largest city in the state now (i think metro population cleveland is still slightly bigger, slightly).
 
it's getting better, way better than the rep it had when i was growing up as a kid here (mistake on the lake, dump, etc.). columbus your old town has overtaken us i think as largest city in the state now (i think metro population cleveland is still slightly bigger, slightly).

Far as I can recall Columbus has been biggest for a number of years, but I haven't lived in Ohio regularly since 1991 (moved back for a year in '96 but went back to Minnesota for year before moving permanently to Seattle in '98).