Saturday, February 14, 2009

OHCS Report: Housing as an Economic Stimulus.

Findings:
  • "Every $1 in project labor income generated additional $1.20 or more in labor income across the state.
  • Each job supported or created through housing development generates another one or more at the local level. Statewide, every job generates another one and one half jobs, on average.
  • Every $10,000 in rental income generates more than $19,000 in economic benefit across the state."
Web page is HERE. Report can be downloaded HERE.

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