Everett housing affordability worsening, council brainstorming

The Everett City Council recently discussed the escalating housing affordability crisis, with average home prices reaching approximately $822,000. Affordable housing expert Chris Collier warned that the local housing shortage, combined with a minimum wage increase, could exacerbate the situation, pushing more residents into a competitive rental market. Council members emphasized the need for actionable solutions to address the inventory shortage and rising costs.