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Mid-Columbia Workforce Housing Summit April 6, 2007.

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Presentation on theme: "Mid-Columbia Workforce Housing Summit April 6, 2007."— Presentation transcript:

1 Mid-Columbia Workforce Housing Summit April 6, 2007

2 Government, Agriculture, Tourism…

3 Employment and Payroll outlook… uneven

4 Agriculture is a much bigger industry…

5 Health Services a plus… Tourism not so much…

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

7 Personal Income Growth Slows… Rebounds…

8 Recent History Not So Bad…

9 Falling Behind Over the Long Haul…

10 Home Price Appreciation Peaks – Falls…but how far

11 Oregon’s Home Price and Income Gap

12 Washington’s Home Price and Income Gap

13 Building Permit Activity at Record Level

14 Growth in Every Corner of the Mid-Columbia

15 The 10-Year Outlook… 3,753 Permits

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

17 Apartments, Condos or Town Houses?

18 Second Home Owners?

19 A Bargain No Matter the Price?

20 Reaching from the West…

21 How Much Income Do I Need?

22 The Other Side of the Mirror…

23 A Growing Income Gap…

24 Getting Priced Out of Paradise…

25 Questions? Dallas Fridley, Regional Economist Oregon Employment Department Workforce and Economic Research (541) 386-6020 x 238 Dallas.W.Fridley@state.or.us


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