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> Portland Rents in Portland are skyrocketing (I had friends whose landlords were pulling out 30% rent increases). I went from Portland to Oakland and my rent

> Portland Rents in Portland are skyrocketing (I had friends whose landlords were pulling out 30% rent increases). I went from Portland to Oakland and my rent isn't that much more.

ryanSrich 10y ago
You can still buy a house in Portland for $500k. I live here. Bought in 2015. It's more expensive in 2017, but not 100% more. Once 1000sqft houses hit a $1mm average Portland will be too expensive. Until then we're doing just fine.
- santaclaus 10y ago
  I dunno, developers were snapping up lots in our hood in Albina for 750, demoing them to lower the tax burden, and letting them sit empty to appreciate. Long term residents who had been renting for 30 years were getting chased out and moving to the numbers... those don't seem like great situations.
  - zrail 10y ago
    > moving to the numbers I lived in Portland for six years and never once heard this expression and yet I know exactly what you mean.
    - ryanSrich 10y ago
      20 years ago = 57th is bad 10 years ago = 82nd is bad Now = 122nd is bad I count myself lucky to live West of 82nd.
      - infinite8s 10y ago
        That was the same with the Upper East/West side of manhattan, (although truncate the timeframe by 1/2 and going N/S instead of E/W).
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- HeyLaughingBoy 10y ago
  As a point of reference, you can buy a new 3,000+ sq ft house on 5+ acres of land just 30 minutes outside Minneapolis for that! Not impressed.
  - sf_rob 10y ago
    Sure, compared the the Midwest or South it's not great, but compared to other west coast cities it's not bad. Portland is cheaper than the bay area, Seattle, LA, and San Diego. It has good culture, great nature, and a mid-sized & growing tech sector.
loeg 10y ago
Still not as bad as Seattle, though here the rental market has started to slow, while the house market is super hot.
theandrewbailey 10y ago
My brother is moving in from Portland with me in Pittsburgh. He eventually wants to own a house, but that's not possible out there, since he works in a bookstore. He sometimes would complain about Californians moving north, and driving up real estate. Pittsburgh is vastly more affordable.

> Portland Rents in Portland are skyrocketing (I had friends whose landlords were pulling out 30% rent increases). I went from Portland to Oakland and my rent isn't that much more.

ryanSrich 10y ago

You can still buy a house in Portland for $500k. I live here. Bought in 2015. It's more expensive in 2017, but not 100% more. Once 1000sqft houses hit a $1mm average Portland will be too expensive. Until then we're doing just fine.

santaclaus 10y ago
I dunno, developers were snapping up lots in our hood in Albina for 750, demoing them to lower the tax burden, and letting them sit empty to appreciate. Long term residents who had been renting for 30 years were getting chased out and moving to the numbers... those don't seem like great situations.
- zrail 10y ago
  > moving to the numbers I lived in Portland for six years and never once heard this expression and yet I know exactly what you mean.
  - ryanSrich 10y ago
    20 years ago = 57th is bad 10 years ago = 82nd is bad Now = 122nd is bad I count myself lucky to live West of 82nd.
    - infinite8s 10y ago
      That was the same with the Upper East/West side of manhattan, (although truncate the timeframe by 1/2 and going N/S instead of E/W).
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HeyLaughingBoy 10y ago
As a point of reference, you can buy a new 3,000+ sq ft house on 5+ acres of land just 30 minutes outside Minneapolis for that! Not impressed.
- sf_rob 10y ago
  Sure, compared the the Midwest or South it's not great, but compared to other west coast cities it's not bad. Portland is cheaper than the bay area, Seattle, LA, and San Diego. It has good culture, great nature, and a mid-sized & growing tech sector.

loeg 10y ago

Still not as bad as Seattle, though here the rental market has started to slow, while the house market is super hot.

theandrewbailey 10y ago

My brother is moving in from Portland with me in Pittsburgh. He eventually wants to own a house, but that's not possible out there, since he works in a bookstore. He sometimes would complain about Californians moving north, and driving up real estate. Pittsburgh is vastly more affordable.