Weaponized shelter: a website that lets tenants bid against each other for apartments, in 1000 cities

[gellfex]

@wait_really

when my partner and I moved to Portland five years ago, vacancy rates were only marginally higher than today, maybe a tick above 3% compared to 2.8% now. Rents, however, were fairly stable the first two years we lived here, but have since skyrocketed

As I understand it, that’s a really low vacancy rate, lower than SF, so low it’s hard to get much lower because people do move. The question is did the demand rise during that period?