Seattle residents say they are in 'survival mode,' selling homes as high prices squeeze middle class
Even a family with ties to one of America's biggest tech companies says it can no longer make the numbers work. Faced with rising costs for groceries, gas, insurance and housing, a Seattle-area family is selling their home and downsizing as inflation continues to strain household budgets."The last year has definitely been an absolute tightening up of what we’re spending on," Liesl Gatcheco told The Seattle Times in an article by business reporter Jessica Fu published Tuesday."It’s very stressful," Gatcheco said.
Reported by 2 outlets — Fox News Latest, Seattle Times. See all sources ↓
Even a family with ties to one of America's biggest tech companies says it can no longer make the numbers work. Faced with rising costs for groceries, gas, insurance and housing, a Seattle-area family is selling their home and downsizing as inflation continues to strain household budgets."The last year has definitely been an absolute tightening up of what we’re spending on," Liesl Gatcheco told The Seattle Times in an article by business reporter Jessica Fu published Tuesday."It’s very stressful," Gatcheco said. "I feel like I’ve been living emotionally in survival mode."LIZ PEEK: DEMOCRATS’ AFFORDABILITY SCAM COLLAPSES IN STATES THEY ACTUALLY RUNFu wrote that inflation in the Seattle area "remained high" in June and continued to outpace the rest of the country. Consumer prices in the Seattle-Tacoma-Bellevue region rose 4.5% over the past year, down from 4.9% in April but still higher than the U.S.
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Why it matters
2 outlets are covering this world story — one to watch as reporting develops.
- What's the story?
- Even a family with ties to one of America's biggest tech companies says it can no longer make the numbers work. Faced with rising costs for groceries, gas, insurance and housing, a Seattle-area family is selling their home and downsizing as inflation continues to strain household budgets."The last year has definitely been an absolute tightening up of what we’re spending on," Liesl Gatcheco told The Seattle Times in an article by business reporter Jessica Fu published Tuesday."It’s very stressful," Gatcheco said.
- How widely is it covered?
- 2 outlets, average source rating 6.0/10.
- When was it last updated?
- 16m ago.
How outlets are framing the same story
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- Coverage card2 outlets1CoverageScouting report
Seattle residents say they are in 'survival mode,' selling homes as high prices squeeze middle class
Sources2TypeCoverageFox News Latest
Seattle Times