[The Gazette Times. (September 18, 2011)] – How tight is the Corvallis rental housing market right now?
Bob Loewen of the Corvallis Housing Division is ready with an illustration: “If I grabbed your necktie and pulled as hard as I could, it still wouldn’t be tight enough.”
The vacancy rate, he adds, is almost too low to measure.
“If I had to hazard a guess, I’d say we’re probably getting down to about 1/10th of 1 percent.” <more>
[The Gazette Times. (September 7, 2011)] – This fall’s freshman class of Oregon State University will be about the same as last year, but if those students haven’t lined up on-campus housing, they’re facing stiff competition for off-campus rentals.
Bob Loewen, the housing program specialist for the city of Corvallis, said the rental vacancy rate is around a half of 1 percent. International students, newly enrolled graduate students and students who moved away during the summer are expected to drive that vacancy rate even lower. <more>