The real estate market in Portland is crazy. When I moved here, I was looking at places that had appreciated 1,000% in the last five to ten years. It’s out of control.
Then I come across an article saying that somehow, former basketball player Scottie Pippen managed to lose about a million bucks on a place he’d owned more than 6 years. Yikes.
It’s becomes less puzzling when you take a look at the place. I’m certainly not living in an opulent gated estate here, but take a look at this place. Maybe it’s just me but that looks like the most bland, character-less place I’ve ever seen.
Bleh. $4 million? A fool and his money, I guess.