Ok, so, the workers at the (new) Boeing facility in South Carolina have voted out the IAM. Not sure if this will increase the probability of Boeing starting a second 787 assembly line near Charleston, but, what if the local Seattle area workers voted out the IAM? Assume that Boeing would continue operations here in the SEA area as-is but without a union production force. What would be the likely effects on the local (Seattle metro area) housing market due to local wage trends, employment stability, etc.
Note: In the interest of full disclosure let me say that I am an engineer in SPEEA, been in it since I hired in 25 years ago, went out on strike in 2000, and, if it went back to a voluntary union, would probably stay in because the benefits out weigh the detriments.