Mid-Columbia Workforce Housing Summit April 6, 2007.

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Presentation transcript:

Mid-Columbia Workforce Housing Summit April 6, 2007

Government, Agriculture, Tourism…

Employment and Payroll outlook… uneven

Agriculture is a much bigger industry…

Health Services a plus… Tourism not so much…

The Real Wage Free Fall… stuck on $26,000

Personal Income Growth Slows… Rebounds…

Recent History Not So Bad…

Falling Behind Over the Long Haul…

Home Price Appreciation Peaks – Falls…but how far

Oregon’s Home Price and Income Gap

Washington’s Home Price and Income Gap

Building Permit Activity at Record Level

Growth in Every Corner of the Mid-Columbia

The 10-Year Outlook… 3,753 Permits

Manufactured Housing Far More Important than Multi-Family Housing in the Mid-Columbia

Apartments, Condos or Town Houses?

Second Home Owners?

A Bargain No Matter the Price?

Reaching from the West…

How Much Income Do I Need?

The Other Side of the Mirror…

A Growing Income Gap…

Getting Priced Out of Paradise…

Questions? Dallas Fridley, Regional Economist Oregon Employment Department Workforce and Economic Research (541) x 238