Forum Breakfast: The Economic Impact of Portland’s Hot Housing Market

Description

Despite slowing population growth and a challenging economic climate, housing prices in Portland continue to skyrocket. In 2021 alone, the median home price in Portland increased more than 15 percent. And while rising prices are a boon for owners and property tax-dependent local governments, the increasing unaffordability of housing has negative economic impacts on the broader region.

In our March Breakfast Forum, the Portland Business Alliance explores the causes and effects of this historically tight housing market. We’ll see how Portland stacks up to other markets in the Pacific Northwest and examine how the surging cost of living affects everything from homelessness to labor supply to regional competitiveness. Our expert panel will highlight strategies to increase housing inventory to make Portland a more inclusive, affordable market.

Panelists:

• Michele Holen, Chief Executive Officer, Portland Metropolitan Association of Realtors
• Jesse Miller, Vice President, Board of Directors, Multifamily NW
• Amy Ruiz, Senior Vice President, Oregon, Strategies 360 

Moderated by Dana Krawczuk, Partner, Stoel Rives LLP