Posted by: Josh Lehner | February 21, 2014

Renting vs Owning


  1. One way to look at this data is that the years 2004 through 2007 were really an aberration as far as home ownership is concerned. As has now been well documented, nationally, there was a lot of house-buying speculation going on as well as many home loans that shouldn’t have been made – think “liars loans,” NINJA loans and negative amortization loans to name some of the most eggregious.

    So, perhaps more normal times, of say between 1986 and 2002, should be used in computing a normal level of rental housing share. Doing so puts the current rate of 34% smack dab in the middle of the normal range for Oregon.

    As always, thank you for the attractive charts which succinctly portray the story of the data.

    • Thanks David. You’re right. I do not think 2005 is very representative of much, let alone what things “should be”. Based on the past couple of decades 34% sure seems more reasonable.

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