Thursday, May 18, 2017
Wednesday, May 17, 2017
Supporters of the new PPS bond point out that Portland school buildings are 77 years old on average, and many have health and safety issues including high lead levels. The bond will provide the funding needed for projects such as improving water quality, removing asbestos and lead-based paint, improving fire alarm and sprinkler systems, and ADA/accessibility improvements. In addition, Benson, Madison, and Lincoln high schools and Kellogg middle school will be rebuilt and renovated. Read more.
Tuesday, May 16, 2017
This week: Portland Mayor says housing trumps need for parking; conflict continues in the Eastmoreland neighborhood and the Portland Development Commission is now Prosper Portland. Our podcast returns next Weds 5/24.
Friday, May 12, 2017
Wednesday, May 10, 2017
Tuesday, May 9, 2017
Check out this episode!
Monday, May 8, 2017
Thursday, May 4, 2017
Seattle Vacancies Nation's 3rd Lowest
Census estimated Seattle-Tacoma-Bellevue's vacancy rate at 1.9% vacancy rate, making it the nation's third lowest. Metro areas with lower vacancies than Seattle were Sacramento (1.2%) and Cape Coral-Fort Myers, Flordia (1.8%).
After Seattle (#3) the remaining lowest vacancy rates were:
Allentown-Bethlehem-EAston, PA-NJ (3.0%)
Charlotte-Concord-Gastonia, NC-SC (3.1%)
Los Angeles-Long Beach-Anaheim, CA (3.6% (TIE)
San Diego-Carlsbad, CA (3.6% - TIE)
Salt Lake City, UT (3.8%)
Grand Rapids-Wyoming, MI (3.9% - TIE)
Portland-Vancouver-Hillsboro, OR-WA (3.9% - TIE)
Average National Rental Vacancy Rate
The average national rental vacancy rate for Q1 2017 was 7.0 percent for multifamily dwellings of five or more units -- the same as one year earlier. Vacancy rates remained lowest in the western U.S. where it declined from 5.1 to 4.7%.
|Click to Enlarge|
U.S. Homeownership Rate Continues to Fall
U.S. Homeownership rates have fallen from a recent high of 65.1% at the end of 2013 to an estimated 63.6% in Q1 2017. Homeownership rates in the Western U.S. has been on the upswing since reaching a 26-year low during 2016. The current homeownership rate in the west crept up 0.3% over the past year.
|Click to Enlarge|
Wednesday, May 3, 2017
In this week's episode: Oregon economist Josh Lehner says he expects homeownership to grow relative to renting in the years ahead; a new expert report says inclusionary zoning has a near zero effect on increasing affordable housing.
Tuesday, May 2, 2017
- Requiring affordable housing projects to be approved in 100 days
- Blocking cities from denying housing development applications due to failing to meet discretionary standards
- Prohibiting local governments from adopting standards that would discourage needed housing
- Stopping local governments from reducing density of housing applications if the application meets zoning requirements
- Requiring local governments to allow detached affordable housing on properties zoned for non-residential places of worship