The Portland/Vancouver marketplace occupies a fairly safe space because of its annual population increases of approximately 35,000 people, much of it coming from the highly coveted 25- to 35-year-old demographic that wants to rent. Rents in class A apartment properties are expected to fall slightly through 2009, but other fundamentals are positive.
Thursday, June 11, 2009
Stable Fundamentals Key to Portland Market's Strong Performance
The Portland/Vancouver marketplace occupies a fairly safe space because of its annual population increases of approximately 35,000 people, much of it coming from the highly coveted 25- to 35-year-old demographic that wants to rent. Rents in class A apartment properties are expected to fall slightly through 2009, but other fundamentals are positive.
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