Monday, October 12, 2009

MSN Article Points To Portland's Coolness Factor in Drawing Renter-Aged Youth

Last week MSN published a story highlighting the experts' rankings of Portland as a Youth Magnet city and commented on the residential market.

"For the mobile youth of today, home is often where they make it. But with unemployment at a five-year-high nationwide, recent college graduates and other young workers need to carefully weigh the fun factor with the job market before deciding where to make their new home."

Recently, Portland's buy-to-rent ratio put it #1 in US cities where it makes more sense to rent than to buy, which is great news for apartment owners.

To see the full MSN article, click here.