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Originally posted by D'STARGA
Both cities have inflated realestate market right now. Both get a ton of rain. And this can't be emphasized enough. IT RAINS OUT HERE!. Other than that both are great cities. Portland has a better mass transit system and less traffic. Portland has some great book stores (powells) and schools and such are fine as long as you do your research. I love it here but it is not for everyone. If you prefer less hustle and bustle then I would go with Portland. I love to visit seattle but am happy I live in portland.
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D'targa, I did some quick research and my impression is that Portland house prices rose at sort of 5-7%/yr for a while through 2003, then jumped >10% in 2004. Is that right? What does the housing market feel like in 2005 so far?
I am a major bear on house prices, as we've discussed in the various RE threads. But if I bought a $500K house in Portland and it fell 25%, that's one thing, but if I bought a $1+MM house in the SF Bay Area, and it fell 25%, that's another kettle of fish. Plus my income would actually be higher if I moved.
Len, I don't do marketing. I pick stocks for portfolios - mutual funds and pension funds. As you might imagine, it's been a quite a ride since the bubble burst.