"first-time home buyers in the city looking to purchase a home will need to save at least $16,427 a year—or $45.01 per day—for five years in order to afford a median home price of $547,575.
Researchers based their findings on saving for a down payment of $82,136, or 15%."
Your mileage may vary. I did it in less time with $30,000 down on a $390,000 house, but that was also in 2021 with 3.25% interest.
Welcome to the lemmy.world community for Portland, Oregon!
This community has kind of been empty since it was created, I’m hoping to change that!
Unlike “other” Portland communities you may have seen “elsewhere”, I believe in a “warts and all” approach. You are free to take off your Rose tinted glasses and talk about topics that are dragging our city down.
At the same time, sunset pics, snowmageddon, traffic monster, cones, that’s all welcome as well. Let’s collectively keep Portland weird!
2024 is going to be an interesting year politically with all the changes to city government, I will attempt to tag political threads with a [Politics] tag and encourage users to do so as well.
Other than the lemmy.world restrictions on spam, copyrighted material, and adult material (USE that NSFW tag!), there’s only one real way to get in trouble here:
It’s OK to go after Teargas Ted, it’s OK to say Rene Gonzales is a fascist, ACAB, BLM, whatever floats your boat (WEFYB).
It’s NOT OK to attack or diminish another user. Feel free to disagree, you can point out the many ways you think they’re wrong, just don’t start throwing perjoratives AT OTHER USERS.
Links to know!
Portland Trailblazers Schedule!
https://www.nba.com/blazers/schedule
Portland Winterhawks Home Game Schedule!
https://www.rosequarter.com/events/winterhawks
Portland Timbers Pre-Season Starts in February!
https://www.timbers.com/schedule/matches#competition=all&date=2024-02-10
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