ECONorthwest and the Portland Business Alliance recently released their annual Economic Check-Up produced bywas recently released. There continue to be positive signs overall for Portland even with a slowing economy, but the housing unit stock remain low.
This report not only identified the challenges this area is experiencing, but the opportunities to create equitable prosperity across the region… it is critical that every part of our region thrives.
- Andrew Yoan, president and CEO of the Portland Business Alliance said.
East Portland, however, continues to struggle from a growing population in the Portland Metro. 60 percent of renters in East Portland are cost-burdened (committing over 30% of their income to rent) and 35% are severely cost burdened (committing 50% of their income to rent).
Find the Economic Check-Up report here and hear interpretations of the information from Andy Miller, Human Solutions' Executive Director, along with a panel of experts in the Portland area here.