Tech growth helps fuel huge surge in rental costs.
Tech growth helps fuel huge surge in rental costs.
As Portland tech expands, though, its cost advantage may evaporate and erode the city’s appeal. And higher prices could make it prohibitively expensive for innovative startups to get off the ground here.
Overall, a surge in Portland’s tech hiring has been a major uplift for Oregon’s economy, with growth in employment and wages leading the state out of the Great Recession. But the gains bring strains.
Read more at Oregonlive.
