A Look Back at Portland’s Housing Crisis and a Look Forward

OPB had an interesting article about Portland’s Housing Crisis with a look down that line at what’s coming up.  Click the link for the full article.  The main thrust of the article is that rents are skyrocketing – with the average rent paid in Portland (currrently $1691/month) increasing by nearly $100 per month.  That puts Portland just behind powerhouse markets like Denver and San Francisco – the only cities that have faster rising rents than Portland.

With the area population hitting $4,000,000 in November and still rising, the main question is where is everyone going to live?  Check out the article.  It’s an interesting read.

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