Published in the August, 2011 edition of the Oregon Business Magazine, Linda Baker highlights rents are going up in Portland. Read more: The Portland rental squeeze – Oregon Business
The rents started going up in 2011, and appear to be softening according to numerous landlords. It will be interesting to see what happens in 2017:
- New units will be ready for occupancy.
- Oregon political leaders are calling for forms of rent control (which would be a total disaster for tenants if this occurs in my opinion).
Here is the 2011 article, reposted: