"In the last decade, Portland has been in the top five for high-wage job growth, educational attainment increases, and household income gains... We moved from the thirtieth highest ranking metro area in the country to more like the twentieth when you take stock of the entire nation. We've made transformational gains in a physical and fundamental economic perspective."
The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Thursday, May 31, 2018
State Economist Bullish on Portland's Future
In this recent presentation, Oregon State economist Josh Lehner talks about the Portland regional economy. He states that while some new apartment units may be vacant in the near term, they will all be full before long due to continued strong in-migration.
"In the last decade, Portland has been in the top five for high-wage job growth, educational attainment increases, and household income gains... We moved from the thirtieth highest ranking metro area in the country to more like the twentieth when you take stock of the entire nation. We've made transformational gains in a physical and fundamental economic perspective."
"In the last decade, Portland has been in the top five for high-wage job growth, educational attainment increases, and household income gains... We moved from the thirtieth highest ranking metro area in the country to more like the twentieth when you take stock of the entire nation. We've made transformational gains in a physical and fundamental economic perspective."
Labels:
#economicgrowth,
City of Portland,
Oregon economy
Location: Portland, Ore.
Portland, OR, USA
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