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Close Quarters

Posted September 18th, 2011 by hansene

[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>

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