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Article: Lake Oswego, Ore., schools lose students as house prices soar.
- Article from:
- ORian
- Article date:
- March 1, 2006
CopyrightCOPYRIGHT 2006 The Oregonian. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Wendy Owen
Mar. 1--LAKE OSWEGO -- Lake Oswego had plenty of room to grow when Russ and Suzanne Bergeron bought their house in 1986.
The four-bedroom, 2,500-square-foot home cost the young couple, with a toddler in tow, $119,000. They raised three children, sending them through Lake Oswego School District schools.
And as their children grew, so did Lake Oswego. Now, there is little room left for new houses, which has helped drive prices beyond the reach of most young families with children. In today's market, the Bergerons' house would sell for more than $500,000 dollars.
Lake Oswego has, in effect, priced itself out of children. ...