Why is Portland Real estate doing so bad?
PORTLAND, Ore. (KOIN) – Portland has the worst housing crisis outlook among the largest metro areas in the United States, according to a LendingTree study released Tuesday.
Not just Residential, but also commercial. They say it is the worst city to invest in.
There’s a growing list of distressed commercial office buildings in Portland – some of the most iconic and largest ones. In the second half of 2023, this situation has finally come to a head. How bad is it? The numbers are almost twice as bad as they have ever been in 50 years, and some say Portland is facing at least a decade of downturn.
Not just Residential, but also commercial. They say it is the worst city to invest in.
There’s a growing list of distressed commercial office buildings in Portland – some of the most iconic and largest ones. In the second half of 2023, this situation has finally come to a head. How bad is it? The numbers are almost twice as bad as they have ever been in 50 years, and some say Portland is facing at least a decade of downturn.
