The latest news of interest to multifamily housing investors in Oregon and Washington.
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Thursday, October 26, 2017
Portland Ranked Best Place for Business and Careers in 2017
Forbes ranked Portland the #1 city in the country for business and careers in 2017, after ranking the city fifth last year. Portland's ascendance can be attributed to the large number of tech companies in the region as well as the highly educated workforce. The cities on the list were ranked on 14 metrics including job growth, business and living costs, income growth, quality of life, and labor force education. Portland finished in the top quartile for every metric except for business and living costs. Portland's household income has grown 4% annually since 2011, and unemployment in the city is below 4%. Read more.