It's interesting that rent is up when the value of my home is still about $80k less than it was before the market crash. Perhaps it was overvalued then (no disagreement there). I don't think Portland is better or worse off, but with more people working - even underemployed - it takes a little of the edge off. Still far from where we were.
But how is Portland itself doing? A lot of this report is talking about Multnomah County and the Metro area. The Mayor and PDC and their economic development strategy are in Portland the city.
Reports produced by the city to support programs the city has already blown huge amounts of money on tend to do that.