oregon’s economic and housing outlook · oregon’s economic and housing outlook prepared for:...
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OFFICE OF ECONOMIC ANALYSIS
Oregon’s Economic and Housing Outlook
Prepared for:
Housing Land Advocates
November 4th, 2016
Oregon Office of Economic Analysis
Josh Lehner
OFFICE OF ECONOMIC ANALYSIS
Job Market Continues to Impress
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Needs-Based Measures Next to Improve
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Housing
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Affordability
Quality of Life
Economic Strength
Policy The Housing Trilemma Cities face tradeoffs in terms of housing affordability, job availability and quality of life. Comparing the 100 largest MSAs in the country.
Source: David Albouy, BEA, BLS, Census, IHS Global Insight, Oregon Office of Economic Analysis
• Youngstown, OH
Detroit, MI •
Cincinnati, OH • Houston, TX •
• Atlanta, GA • Phoenix, AZ
• Omaha, NE
Oklahoma City, OK •
Des Moines, IA•
Providence, RI • Sacramento, CA • • Seattle, WA
Portland, OR • San Francisco, CA •
Boise, ID • • Austin, TX
OFFICE OF ECONOMIC ANALYSIS
It’s the Supply, Stupid
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New Construction Rebounds…
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But Not Enough to Match Demand
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Supply Constraints
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Housing Demand
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Outlook
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Peak Renter in Theory
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Peak Renter IRL
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For More Information
Josh Lehner
(503) 378-4052
Social Media:
www.OregonEconomicAnalysis.com
@OR_EconAnalysis