Why Portland Home Prices and Building Permits Rise While the Suburbs Recover Slowly

3 12 2012

The full answer to the question in the title is in the Census Bureau statistics and details, however you can see what is happening in this simple statement I received via email correspondence with a Portland area economist.

“But many suburbs look like they aren’t returning to normal any time soon. Excess inventory – still unsold – must be scaring off developers in certain communities. For those cities, this is a very nervous making. Will they ever fully recover?

Meanwhile, developers seem optimistic that they can continue selling apartments and condos to the huge numbers of younger adults with college degrees that keep moving to the City of Portland and avoiding the suburbs.

That is it in a nut shell.

Advertisements







That Pacific Northwest Life

Having all of the fun.

Hiking Photography

Beautiful photos of hiking and other outdoor adventures.

Business Analytics 3.0

Data Driven Business Models

Simple Tom

Some say I was born high. Others say i'm just simple :)

bhardwazbhardwaz

Knowledge and Happiness(K&H) multiples by dividing it. More you share, higher and bigger they grow.

Where's my backpack?

Romancing the planet; a love affair with travel.

Gen Y Girl

Twentysomething. Annoyed with corporate BS. Obsessed with Gen Y. Not bratty. Just opinionated.

silkroadcollector.me

An International company that offers private antique art sales to clients around the globe.

redcatHR

all about Human Resources

Freedom (to) management

How to have an impact, gracefully, in the organizations of the future