Portland's Real Estate Conditions and the Growth Management Dilemma
The median home price in the Portland region has risen from $200,000 in 2003 to $350,000 today and rents have risen to all-time highs, yet housing production in the last four years remains 10% below the 1990-2007 average. The markets for commercial property (office, industrial and retail) are all experiencing low vacancy and steady rent increases. What is causing the lack of housing production? How are consumers responding to these changes? How is the appreciation affecting business investment? What should Metro and the state legislature do? Dr. Gerard Mildner will discuss the answers to these questions and if time, your questions too.
Dr. Gerard Mildner is the Director of the Center for Real Estate and an Associate Professor in the School of Business Administration at Portland State. Mildner has a Ph.D in economics from New York University in 1991 and an undergraduate degree in public affairs from the University of Chicago in 1982. Mildner’s research interests include the economics of housing, growth management, mass transit, and the economics of sports. He is co-author of two books: Scarcity by Design: The Legacy of New York’s Housing Policies, and Sports and Public Policy.
Coffee and breakfast goodies sponsored by Oregonians Credit Union. Facility sponsored by Adventist Health.
Directions: We meet on the Lower Level in Education Room A or B. Go in the main entrance of Adventist Health's main hospital, walk down the hallway and take the elevator or stairs to the lower level, walk down the hallway toward the cafeteria, we are on the right and you will see a Chamber sign outside the door. Adventist Main Hospital Map
East Portland Chamber of Commerce is a 501(c)6 non-profit organization | PO Box 90186 | Portland, OR 97290 | 503-788-8589