Portland Real Estate Is Such a Mess That All Housing Is Affordable Housing

Portland Real Estate Is Such a Mess That All Housing Is Affordable Housing wsj.com

2 points•paulpauper•2 days ago•4 comments•

#housing #estate #portland #mess #real #affordable #real estate #portland real

4 comments

jerlam2 days ago

Lower rent is good, unless you're a landlord.

I couldn't even read the whole article...

> Market rents in Portland have stagnated at the same time that rent limits for government-subsidized affordable apartments have risen. That means rents for affordable housing are growing faster than the prices for market-rate apartments.

Housing is "affordable", not necessarily affordable.

anovikov2 days ago

It's just that usually it happens if the region suddenly becomes depressed and population exodus begins. Then homeowners find themselves underwater.

khelavastr2 days ago

because Intel hollowed out and Oregon shut down so much natural resource utilization

Read the full thread on Hacker News →

4 comments

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