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by sjg007 1535 days ago
Uh no, not in the Bay Area… or any place that requires a jumbo loan.
2 comments

Owning a house is so much better than renting in Portland and you need jumbo loans here.

It's only places like the bay and other ultra hcol locations where renting is cheaper. I specifically bought my house to escape renting in the bay area when my job went remote. I do not want to rent anywhere near Portland. More than Half the rent price for a third of the home prices...

Right but you can't do that with 3.5% down.
I did it on 5% down...
You can get places for under $920k in parts of the bay that aren't the Peninsula, Mill Valley, and SF.