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'Amageddon': The Unholy Trinity Of Class Monopoly Rent In The Emerald City, Elijah Connor Hansen

EWU Masters Thesis Collection

Intense redevelopment has steamrolled across Seattle’s South Lake Union and Belltown neighborhoods, home to the headquarters of the world’s largest ecommerce corporation, Amazon. After the corporation established a presence in what is now referred to as ‘Amazonia’ in 2007, the surrounding urban landscape underwent a colossal metamorphic overhaul as high-tech and biotech industries, along with bourgeois luxury high rises, replaced old warehouses and empty parking lots. These new industries have attracted tens of thousands of people to the city, resulting in an oversaturated housing supply and an ensuing housing affordability crisis as rents have continued to skyrocket year after year. …