The future of Portland's real estate market
Hi BP-Portland. I'm curious about opinions here on the future of Portland's real estate market and if there are any leading indicators you're looking at.
I think it'd be hard to deny Portland has had a tough year with coronavirus, wildfire and civil unrest. It seems to me that Portland used to be a national news media darling but is now portrayed as dangerous and unruly. Many of the restaurants that drew people here are closed. Portland has a reputation is being unfriendly to business. Homelessness has only worsened. Couple that with evolving local and state landlord/tenant laws and it makes me wonder about the local market's future.
Full disclosure about me -- I'm a newbie who's trying to read everything and anything before hopefully jumping into my first deal this year. Happy to connect.
-G