Re:How Cash Sent the Portland Home Market Spinning
by santaclaus on Thursday May 14, 2015 @03:04AM
(#9543807)
At least there seems to be more housing stock going in. North East Portland is a giant construction zone, at the moment. Stand on any corner of Mississippi or Williams and you see mega apartment complexes going up. Hell, they are even building new housing in the wasteland that is Lloyd center!
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Re:How Cash Sent the Portland Home Market Spinning
by limaoscarjuliet on Thursday May 14, 2015 @04:23AM
(#9543979)
Which really means that when it crashes again (and it will one day), it will be deeper than before.
I own a house in Atl that I bought while it was still in a slump. It's value went up, so I should be happy, right? I guess I'm stupid, but something tells me this is not good. Affordable houses are a good thing. High prices mean kids will not be able to afford anything.