My partner and I have ambitious goals to purchase a home within the next two years. It’s important for us to be settled before our children start school so they can enjoy consistent friendships and a stable learning environment. Although it’s common for kids to experience school changes, the thought of uprooting them from their friends is heartbreaking, especially since we would be moving to a different district.
We firmly believe we have a solid plan in place — we will be homeowners soon.
However, the housing market in our area (Portland, Oregon) is spiraling out of control, and it’s incredibly frustrating. Average homes are fetching sky-high prices, often well above their asking rates and in cash deals. I often wonder who these cash buyers are and what career paths they’ve chosen because it seems I must have missed the memo on the lucrative profession that allows for such financial freedom.
While it may not be as dire as places like San Francisco or New York, the situation is rapidly worsening. My partner and I are both educated and work diligently; we have a robust savings plan for a down payment, yet there are days when I simply question, “How on earth can we afford this?” The truth is, I just don’t know.
The common suggestion I receive when discussing our struggles is, “Why don’t you move to a cheaper area?” Oh, how I wish it were that simple.
First and foremost, our family is here. While my relatives are in California and we seldom see them, my partner’s family lives nearby. My children adore their grandparents, and having trusted family around to help with childcare is invaluable. I want my kids to grow up surrounded by their aunts, uncles, and cousins, forming bonds that last a lifetime. I detest the idea of my kids being far from family.
Secondly, our life is rooted in this city. I moved here over a decade ago; this is not just a place where I attended college — it has become my home. It’s where I discovered my identity, fell in love, got married, and welcomed my two beautiful children into the world. The vibrant culture, art scene, and yes, even the food trucks make this city special to us. I simply refuse to give that up.
Most importantly, I don’t want to relocate. Moving entails packing, unpacking, leaving behind friends, and starting the process of finding new connections and local favorites all over again. I adamantly refuse to let the housing market dictate my life. I already know where the best pad thai is, and I have no intention of leaving Portland.
This unwavering stance means I find myself scrolling through real estate listings while indulging in my favorite ice cream. My dream is to establish roots in a city I cherish, surrounded by loved ones, where my children can grow, create memories, and eventually return home during college breaks. Unfortunately, the skyrocketing property prices are transforming this aspiration into an elusive fantasy. Yet, we hold onto hope.
I can’t predict how we’ll navigate this challenge or if we’ll ever afford a home here. But one thing is certain: moving away is not a simple solution. Life isn’t easy, and we’re committed to saving and dreaming big — maybe even hoping for a little luck or serendipity along the way.
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In summary, the housing market challenges may feel insurmountable, but our family remains steadfast in our desire to stay in the community we love.
Keyphrase: housing market challenges
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