Office vs. Housing: The Real Estate Split

By: TMike McClanahan, TVW

Outlets: TVW

Published: June 11, 2026

Words: 310

Last Updated: 4 weeks, 1 day ago

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Washington’s shortage of affordable housing stock stands in stark contrast to its surplus of vacant office space and that dynamic is on full display in Seattle, according to real estate economist Matthew Gardner.

“Downtown we’re looking at north of 30% vacancy. One square foot in three is empty,” Gardner told TVW’s The Impact.

This year, Gov. Bob Ferguson signed Senate Bill 6026, an effort to …

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