Home Rentals On The Rise
We passed around this article in our office, and thought you might find it interesting. It shows home rentals are on the rise in more than 500 cities across the nation – including in Portland. That comes from USA Today, and the information is based on the 2010 census.
The newspaper looked at the number of people who rented homes in 2010, and compared that to the 2000 census. It found an increase of more than 2% in Portland. Economists quoted in the article call the move “big but glacial,” and the article says it appears the trend toward renting homes is long-lasting.