The Seattle Times reports that an increasing number of first-time home buyers are being totally priced out of the city's housing market. Fortunately, the Mayor and City Council are on the case:

The City of Seattle recognizes that local policies and regulations can affect the cost, production or preservation of affordable housing. As a result, City departments, led by the Office of Housing, routinely evaluate their policies, practices, and regulations to identify areas in which City policies could work against housing affordability.