Quote:
Originally Posted by PhillyPDX
I mean, maybe, but then why don’t we see more affordable housing being built here, relative to other cheaper and rapidly growing metros?
And I don’t want to get cultural preachy for what type of home people want (single family vs multi family). People can and do leave to other areas to be able to afford those single family homes. I personally know a few people that loved Portland metro but moved to Texas because it was just too expensive here for moderate incomes, they had a hard time making ends meet here and are doing much better there, financially speaking.
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The biggest issue with the UGB is not having enough land to build housing on, there is plenty. What is an issue, though, is land that is shovel ready or has concrete plans to extend necessary infrastructure to allow for building housing. Metro is in process of codifying the ability to swap UGB expansion areas with acreage that has actual funding for water/sewer/electricity/etc. to service the new housing.
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