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Apartment Rents and Locations in Portland, Oregon: 1992 – 2002

Author

Listed:
  • Beth Wilson

    (Humboldt State University Arcata, CA, 95521)

  • James Frew

    (Willamette University Salem, OR 97301)

Abstract
This research examines changes in the apartment-rent gradient of Portland, Oregon from 1992 to 2002. The findings indicate that increased population growth has caused real increases in apartment rents across the metropolitan area. The largest increases have occurred closer to the city center and at the beltway. The fixed supply of land coupled with increasing population has resulted in a wealth transfer from renters to landlords. Major freeway intersections, which ten years before were just evolving into new urban sub-centers, now have a statistically significant impact on land values within a six-mile radius of the intersection.

Suggested Citation

  • Beth Wilson & James Frew, 2007. "Apartment Rents and Locations in Portland, Oregon: 1992 – 2002," Journal of Real Estate Research, American Real Estate Society, vol. 29(2), pages 201-218.
    • Handle: RePEc:jre:issued:v:29:n:2:2007:p:201-218
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    References listed on IDEAS

    as
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    Cited by:

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    2. Tianren Yang & Ying Jin & Longxu Yan & Pei Pei, 2019. "Aspirations and realities of polycentric development: Insights from multi-source data into the emerging urban form of Shanghai," Environment and Planning B, , vol. 46(7), pages 1264-1280, September.
    3. Randal Verbrugge & Robert Poole, 2010. "Explaining the Rent–OER Inflation Divergence, 1999–2007," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 38(4), pages 633-657, Winter.

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