Conference of Mayors Report on Metro Economies: Metro Oregon Areas Lost $17.7 Billion in Property Value in 2008.

Mayors report is published HERE.

(Fun table to look at is Table 2, shows Metro area economies ranked against each other and other countries. Who knew that Portland's GMP 0f $109.9 Billion was slightly smaller than Pittsburgh ($112 B) and Kuwait's GDP of $114.2 B, but larger than GDP of Peru ($108.8) and Kazakhstan ($102.6 B)?

From another table (10), I have extracted Oregon metro area showing estimated changes in metro Oregon property values during 2008.

In the PDF table I constructed HERE, that data is shown; the total Oregon 2008 metro areas property value loss is estimated at $17.7 BILLION, with an average loss of $18,900+ per home.