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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 av
by 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 agoI 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 ago20 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 agoThat 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 agoAs 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 agoSure, 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.