One Rental At A Time SHOCKING Truth About Tech Layoffs and Local Economies
Oct 31, 2025
Discover the ripple effects of major tech layoffs on local economies, especially in tech-heavy metros like Seattle. Learn how immediate buyer demand decreases while seller listings lag behind. The conversation highlights the cautious mood among tech workers and its influence on luxury market purchases. Explore return-to-office policies and the implications for vulnerable employees. Lastly, the ongoing government shutdown's impact on loan processes and seasonality signals a quieter market as the year ends.
AI Snips
Chapters
Transcript
Episode notes
Immediate Buyer Psychology Shift
- Large tech layoffs (Amazon, Microsoft, others) can dent buyer psychology immediately in tech-heavy metros.
- Beth Traverso notes Seattle could see ~2,500 local job impacts, which will affect local housing demand fast.
Local Impact From Amazon Cuts
- Beth notes Amazon has about 18% of corporate employees in greater Seattle.
- She estimates proportional local layoffs could be roughly 2,500 people impacting the market.
Repeated Rounds Prolong Market Weakness
- Past tech layoffs (Microsoft earlier this year) already dampened spring market activity and that effect hasn't fully recovered.
- The hosts expect repeated rounds could prolong weakness into future seasons.