Red hot rentals: Seattle’s South Lake Union vs. San Francisco

Interesting article from GeekWire regarding residential rents in Seattle (my nowtown) as compared to SF (my hometown). It makes me wonder: Without SF-like rent control laws, do Seattle renters actually have more to fear than SF renters over the long term? Is the incentive to buy more significant here than there? If it is, at least the purchase prices are lower. And the competition, while fierce, may not be as ruthless as it is on that peninsula. 

http://www.geekwire.com/2014/red-hot-rentals-seattles-south-lake-union-surpasses-even-san-fran/?utm_source=GeekWire+Daily+Digest&utm_medium=email&utm_campaign=5e139631b4-daily-digest-email&utm_term=0_4e93fc7dfd-5e139631b4-233358521