Buy and hold in West Seattle - thoughts?

[Dashiel C Neimark]

Hey BP community! Hope you all are enjoying the holiday season.

Just wanted to start a quick discussion about thoughts regarding investing in West Seattle. My own analysis and viewpoint is that it might have some room to grow with the rapid transit line coming in the next couple years. Also, it seems like Seattle prices have slowed somewhat in the last 2 years, but the surrounding suburbs (like Tacoma) are blowing up in price. I'm looking at a 2-3 bedroom new construction townhome to purchase and live in myself for a few years, with the intent to rent it out maybe 2-5 years down the road when I leave for another state.

Is this a good opportunity to buy in Seattle (and specifically West Seattle)? What are your thoughts?

[Brandon Vukelich]

@Dashiel C Neimark if you don't need to live near Seattle for work, I would encourage you to look at N. Tacoma.  If you can afford West Seattle, you can afford to be in a hot, hip spot like N. Tacoma.  Plus if you intend to rent, being anywhere outside the city limits of Seattle helps avoid Seattle's just cause ordinance as a landlord among many other anti-landlord policies in play.  If you insist on living in Seattle...West Seattle is a great spot, regardless of the bridge situation. Best wishes on your plans!