Seattle is a bad example, it's cheaper relative to peer cities (with 50+ units right now under $1500 in Seattle proper), and the market isn't keeping pace with surrounding King county or even national housing prices: https://www.seattletimes.com/business/real-estate/seattle-ho...
I know the units under $1500 very well, as I'm helping someone move out here who's not in tech/finance/medicine/law. That's simply not cheap enough, and micro-housing works for these people.
People come to cities for economic opportunity, they need to be able to live here while getting on their feet.
