Quote:
Originally Posted by urbanlife
The problem with this concept that it causes housing prices to up is this same concept that people need to buy a single family house. Portland's UGB is massive for a metro, we shouldn't need to expand it any further than it already is because we have more than enough room to building as many residential units in the city that is needed. If we move away from this concept that everyone needs a single family house with a yard, then we might actually see the type of growth that we should be seeing throughout the metro that would help stabilize the housing market and create more affordable housing options.
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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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