For a long-time, Oregon has been known as great place to live at a great price. In addition to having miles of untouched nature to appreciate, the state also boasts a large job market, innovative innovation, and progressive values. Last month, when Oregon Gov. Kate Brown signed a historic bill to increase the minimum wage, living in Oregon became even better. Bill Gaffney is Owner of Change Realty. He is well-known in the Portland and Vancouver metro areas, thanks to his innovative and affordable pricing structures.

1. 14.75
Oregon Just
Became More
Affordable
Bill Gaffney, Change Realty LLC
BillGaffneyOregon.net

2. For a long-time, Oregon has been known as great place to
live at a great price. In addition to having miles of
untouched nature to appreciate, the state also boasts a large
job market, innovative innovation, and progressive values.
In March, when Oregon Gov. Kate Brown signed a
historic bill to increase the minimum wage, living in
Oregon became even better.

3. Previously the minimum wage was
$9.25–a price that was markedly
better the USA minimum of $7.25,
and better than over half of the
states in the country.
With the new bill,
the minimum wage
will increase at
different rates in
different areas.

4. In Portland, where the median
price for housing has
skyrocketed in the past
several years, the minimum
wage will jump to $14.75.
In smaller cities and midsize
counties, the new minimum
will jump to $13.50, and in
rural areas, the wage will
increase to $12.50.

5. The wage will have it’s first bump up to $9.50 in rural areas
and $9.75 everywhere else on July 1, 2016. We will see the
remainder of the wage increase gradually over the next six
years, landing at its targeted levels in 2022.

6. Oregon has consistently outdone itself as a place where it is
not only great to live, but also affordable. These most recent
developments only strengthen its case.
Along the lines of affordability, please check out Change
Realty–home of the 1% listing fee!–for current Portland
Metro Area listings.

7. For More Oregon Real Estate insights,
check out Bill Gaffney's Blog
BillGaffneyOregon.com