Portland is growing literally exponentially, with what seems like boundless growth. Condos are growing like weeds in popular areas like Williams, Division, and Belmont. Many of these areas are almost unrecognizable. And that, I think, is the biggest fear with that growth – people that moved to Portland (and Oregon as a whole) for the quirky, small-city vibe, know it is losing that very characteristic.
Rents are skyrocketing, and the influx of cash offers on homes is raising real estate prices outside the capability of many that helped shape and build this very city.
I, too am just as guilty as we play the “Count the California plates” along streets like Alberta, Hawthorne, and Kenton.
So I decided to lean on the data.