Monday, November 11, 2019 / by Rick Sadle
Home Ownership
Let’s face it. For we millennials, social security for retirement is an unlikely scenario. A recent article in USA Today said that, in order to retire at sixty-five, millennials would need to save half of their paycheck. Half. Who can live on half a pay check? I know I can’t.
With rent on the rise and with rental properties becoming more and more scarce as Portland experiences the constant population boom, there have to be other options. Throwing away $1500, $2000, and even more every month is only perpetuating the problem we millennials face with retirement. In many cases, it is less money to actually buy a home than it is to rent one. Plus, who wants all the limitations that come with renting property?
Purchasing is a smart choice in Portland, Oregon for many reasons. For one, housing costs are on the rise. While this may make the initial investment a little hard to come by, it also means that when you go to sell the home, you should be able to turn a tidy profit, . ...
With rent on the rise and with rental properties becoming more and more scarce as Portland experiences the constant population boom, there have to be other options. Throwing away $1500, $2000, and even more every month is only perpetuating the problem we millennials face with retirement. In many cases, it is less money to actually buy a home than it is to rent one. Plus, who wants all the limitations that come with renting property?
Purchasing is a smart choice in Portland, Oregon for many reasons. For one, housing costs are on the rise. While this may make the initial investment a little hard to come by, it also means that when you go to sell the home, you should be able to turn a tidy profit, . ...