On 2018-12-27 12:39 p.m., dsi1 wrote:
> On Thursday, December 27, 2018 at 12:52:20 AM UTC-10, Julie Bove
> wrote:
>>
>> This one more than doubled in price from what we paid for it. It's
>> now worth about half a million.
>
> That is my understanding about the situation in your area - Oregon
> too. That's unfortunate for people looking to buy a home but it's a
> good deal for you. Well, it would be if you were looking to sell your
> home and move elsewhere.
>

It's happening around here too. Housing prices in Toronto, about 70
miles from here, are soaring, so young people are looking for houses in
the burbs and commuting. Meanwhile, boomers that worked in Toronto are
cashing in on the soaring prices, selling their houses in the city for
$1-2 million and picking up a place in smaller towns for a fraction of
that and pocketing a lot of cash.