I'm outta here as soon as I finish my doctorate. While I love the scenery and being near the water, etc., there is no way I'd spend $200,000+ for a little craftsman cottage here in North Seattle (if they don't burn down the neighborhood first). The traffic is terrible and the city has a long way to go before it gets a handle on public transportation as it's understood on the east coast.
But just wait until the new monorail is completed ... (sarcasm)