#8 WORST CITY to Buy a House: Portland, Maine
The #8 worst city to buy a house in America is Portland, Maine. Home prices in this previously affordable market have exploded over the last two years and are now leaving local priced out as many transplants from Boston and New York bought up homes during the pandemic.
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Portland is now so expensive that the House Payment to Income Ratio is the same as Boston.
So far home prices in Portland have held up strong. But I suspect they could dip in coming years as the locals can't afford it.
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
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Видео #8 WORST CITY to Buy a House: Portland, Maine канала Reventure Consulting
Access Data for Free on REVENTURE APP: REVENTURE APP: https://www.beta.reventure.app/dashboard
Portland is now so expensive that the House Payment to Income Ratio is the same as Boston.
So far home prices in Portland have held up strong. But I suspect they could dip in coming years as the locals can't afford it.
---
JOIN as a CHANNEL MEMBER ($5/Month): https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
Видео #8 WORST CITY to Buy a House: Portland, Maine канала Reventure Consulting
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