Is Portland A Renter’s Hell?
In this week’s cover story Willamette Week’s banner headline is “Renter’s Hell: Portlanders pay a steep price in the nation’s toughest rental market.”
The report cites statistics from the US Bureau of Labor and Metro Multifamily Housing Association that average Portland area rents have increased 8% this year, 16.9% in the last five years. It reports that rents in downtown and the Pearl District have increased 15.8% this year and 36% over the last five years. Read the full story online.
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com