Posted by Staff Writer on 10/22/2018 to Real Estate
IncSmart Oregon (Small Business and Startups) - Portland Oregon rental fees have the largest decline in America. The price of rent in Oregon has declined 2.5%. Rents have been slowing for eight consecutive months. There are 15,000 more apartments not in Portland than there were in 2015 when they were having a housing shortage. With the job market so strong, developers have over built in the city, and they now face an urban construction boom.
Portland has been inundated with a glut of luxury housing. The slowing of rental rates are good news for Oregon renters. Some Portland developers are now adding as much as 8 weeks free rent, and $1000 Amazon gift cards. The Portland City Council is also asking for a 6 month moratorium on short term rentals. Portland currently has a 300 unit cap with their short term rental ordinance.
By IncSmart Staff Writer
Starting a Business in Oregon
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form Oregon Corporations and Oregon Limited Liability Companies. When you call, email, text, message or live chat with our office, expect personal attention. Small business is the heart of IncSmart.
We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place.
How to form Oregon LLC - Link
Think Smart. Think IncSmart.
Registered Agent Services
AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS
MT NC ND NE NH NJ NM NV NY OH OK OR PA PR RI SC SD TN TX UT VA VT WA WI WV WY