Mindblown: a blog about philosophy.

The North/Northeast Preference Policy waitlist for homeownership assistance in Portland has opened for the first time since 2019. The policy gives priority to applicants with ties to North and Northeast Portland, aiming to help those who were displaced by city policies. Applicants must meet income restrictions and can receive assistance from the Portland Housing Center.…

Homebuyers in Portland require an income of $161,624 to afford a mortgage comfortably. This is a significant increase compared to $65,664 more than what was needed in 2020.

Housing: Portland's median home price: $560,000; Rent: $1,786. Groceries: 7% higher than national average; Milk: $3.92; Ground beef: $5.58; Eggs: $3.43.

The median rent for a 1-bed in Portland was $1,430 in March. It was unchanged MoM, but ↓ 5.3% yearly.

Oregon considers altering 1970s land use law due to housing shortage. Urban growth boundary crucial for preventing suburban sprawl and conserving nature.

15. Louisville, KY: ↓ 5.3% yearly 14. Dallas, TX: ↓ 5.6% yearly 13. New Orleans, LA: ↓ 6% yearly 12. Cleveland, OH: ↓ 6.1% yearly 11. Nashville, TN: ↓ 6.5% yearly 10. Sacramento, CA: ↓ 6.6% yearly

Rent control in Portland may lead to a 17% property tax hike for homeowners due to a 32% drop in apartment building values.Reduced apartment building values under rent control could shift the tax burden onto single-family homeowners.

Every show home uses tactics to create an idealized version of a property. Tricks include creating a lifestyle story, using pitch-perfect props, subtle symmetry, heating up the space, omitting TV screens, using mirrors for illusion, showcasing high-end finishes, clever lighting, missing internal doors, uniform flooring, child-sized furniture, and missing essential items like fridges. Continue to…

Portland is projected to be one of the top rental markets of 2024, ranking 8th nationally. Portland's appeal lies in its relaxed pace, food and drink culture, entertainment, and diverse job opportunities.