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Old Posted May 21, 2015, 8:21 AM
davehogan davehogan is offline
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Join Date: May 2008
Location: Portland OR
Posts: 639
Quote:
Originally Posted by 2oh1 View Post
Here's something people never talk about when discussing the rising costs of housing: Those who get priced out of their neighborhoods unintentionally feed the cycle by pricing out people in the neighborhoods they move into. It's a vicious cycle.
I got priced out of NW, so I moved to Sellwood. I got priced out of Sellwood, so I moved elsewhere in SE. That place turned out to have a terrible landlord, so I moved to close in NE. That was expensive and a long commute, so I found a place in Westmoreland. That place got sold so I moved to Brooklyn. That place just got sold so I have to move again.

And that's just since 2011. There's something wrong with a cycle that creates situations where people move six times in four years just trying to keep a place that's reasonably affordable and within a car-free commute. It's nice that we think that Portland offers that, but it's becoming more and more impossible to actually deliver that.
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