The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Monday, July 22, 2019
Pacific Northwest Tops List of Where Millennials Are Moving
Insurance company Haven Life recently released a ranking of the cities that have seen the highest increases in their millennial populations over the past five years. The Portland-Vancouver-Hillsboro metro area ranks first in the nation for its growth in millennial residents, while Seattle, Denver, San Francisco, and Austin round out the rest of the top 5. Over the past five years, the number of millennials in Portland has grown by 22.8% - 18.6% of Portland area residents are now millennials. The cities where millennials are leaving include Tuscon, Virginia Beach, Rochester, Memphis, and Pittsburgh. Read more.