I've been reading your back-and-forth with kleinbl00 with interest.

And no, I don't see Seattle going the way of Vancouver (or SF before that), because Vancouver is largely fenced in, like SF is. So the inventory isn't going up significantly because there really isn't anywhere to expand to.

I think the Seattle area can easily spread north, east, and south. In that way, it is more like the Silicon Valley area south of SF.

I already know people who commute into Seattle from Everett, North Bend, and Enumclaw. And our density and traffic is nowhere near what the Bay Area was like when I left in 1998, and an hour-and-a-half commute (one way) was seen as desirable.

I don't think Seattle is anywhere near capacity. So I expect prices will continue to rise steadily, no matter what happens. There's a lot of volatility right now, of course, but in my area (White Center) every house that is sold is knocked down and a multitenant structure/condo goes in. And everything sells in a week.

If I was Richard Branson I'd invest in a fleet of foot ferries with electric scooters on board, then open routes to all of the hubs on the Kitsap Peninsula, from Bremerton to Port Townsend. People scoot off the ferry to their work, scoot around town, and then back onto the ferry at the end of the day. Make it a flat fee of like $2000/month for all the ferry trips (with free scooter) you want. Boom.