Last week I posted an article which highlighted the (welcome) perspective from the state of Oregon’s Office of Economic Analysis that housing affordability will reach an inflection point this year.
It turns out that the chief economist for the aforementioned office delivered a talk to the City Club of Portland a couple weeks ago. His talk can be seen in the you tube video below.
His comments on housing start at the 9:00 mark and last for approximately 10 minutes.
Do you agree with Mark’s comments on the housing market? What is your perspective? Please feel free to add your thoughts in the comment section.