Mindblown: a blog about philosophy.
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Portland could forgo $63M for parks, other capital projects to spur homebuilding
A proposal to waive Portland's housing development fees for three years could cost the city up to $63 million in funding for parks, transportation, and infrastructure. The plan aims to boost housing construction, which has slowed, by exempting fees that average $25,000 per unit. While it may increase new units to over 4,000, it falls…
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Portland Cost of Living Breakdown: Homeowners vs. Renters | Your Real Estate Resource for Advice, Tips and Trends.
Comfortable income needed for homeowners: ~$133K Comfortable income needed for renters: ~$94K Household median income: ~$89K Monthly mortgage cost: $3,379 Monthly rent cost: $1,763
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Minimum Wage Hike in Portland Sparks Opportunities | Your Real Estate Resource for Advice, Tips and Trends.
Portland’s minimum wage has climbed to $16.3/h, supporting higher consumer spending in a city known for its vibrant dining and arts scenes. The extra income is expected to stimulate demand in both national chains and local leisure venues.
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Seneca proposal: 200 housing units in Southeast Portland
Seneca Development plans a two-phase project in SE Portland, transforming a former Rite Aid site into at least 200 apartments with ground-floor retail. Phase one includes 120 units, phase two adds 80-90 more by 2027. The project complies with Portland’s inclusionary housing program, offering 10% affordable units. Construction starts in spring 2026, costing about $50…
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Portland Weighs Fee Waivers to Spur Housing | Your Real Estate Resource for Advice, Tips and Trends.
Portland may waive $63M in development fees over three years to incentivize homebuilding and reverse a housing construction slump. While the policy aims to spur up to 5K new housing units, it could significantly reduce funding for parks, transportation, and infrastructure projects.
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Oregon: Among the Least Generous States for Renters | Your Real Estate Resource for Advice, Tips and Trends.
Oregon has an avg rent of $1,748 /mo. The avg apartment size is 852 sq ft. Rent per sq ft comes to about $2.05. Oregon is known for higher-than-average rent costs. It attracts renters willing to pay a premium for location and lifestyle.
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What’s the Wait Time for First-Time Buyers in Oregon? | Your Real Estate Resource for Advice, Tips and Trends.
A new study has ranked U.S. states based on the difficulty first-time homebuyers face when trying to enter the housing market. Nevada ranks #8 overall (tied), making it one of the eighth hardest states for first-time buyers to afford a home. The median home value in Nevada is $435K, with a typical down payment of…
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Oregon Towns Perfect for Living on Social Security | Your Real Estate Resource for Advice, Tips and Trends.
1. Salem Median home price stands at $439K, below Oregon’s coastal cities. 2. Springfield Springfield offers a median home price of $425K.
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Oregon Among States With High Housing Costs in 2025 | Your Real Estate Resource for Advice, Tips and Trends.
In 2025, housing affordability remains a major issue across the US, straining household budgets. New data shows that in several states, housing costs now exceed 50% of avg household income, well above the 30% affordability threshold. In Oregon, rising property values have pushed housing costs to 36.3% of avg household income. Both homeowners and renters…
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Buying vs. Renting in Portland: Income Gap Keeps Growing | Your Real Estate Resource for Advice, Tips and Trends.
A recent analysis shows US homebuyers now need to earn ~$116K, 82% more than renters, to afford a median-priced home. The affordability gap has quadrupled since 2021, driven by rising home prices and mortgage rates, while rents remain mostly flat. The income gap is especially stark in cities like Portland, where homebuyers must earn significantly…
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