Any information on Portland or New Orleans?

[Joseph Burke]

Son wants to go to school in either Portland or New Orleans. As an investor and his official sponsor, I can't help but wonder about the RE market in either of these cities for long-term "appreciation" plays. I'll probably buy a Duplex or something while he goes to school.

New Orleans seems like it has room to grow, but there's really no telling. Portland seems much more stable. 

The price ranges for the Duplexes I've been looking at is roughly the same in both areas. So it seems like Portland would be the better choice from an RE standpoint, but I'm not sure.

What do you think about these markets BP?

[Marcia Maynard]

Portland Oregon is a tight REI market right now. Low inventory and high prices. Rental rates are shooting through the roof and many people can't afford to rent in the city anymore.