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There are people out there who would love to purchase a condo for their retirement but they are priced so high they are not affordable to retired persons on a fixed income.
Why don't business/financial reporters do stories about how few "affordable" housing units are actually available in Portland for those who would purchase them if they could.
It seems the only thing available to these people is a mobile home in a 55+ trailer park. The monthy fees there are prohibitive in many cases.
They are also located a long ways from the city and services these people often need.