Surprise! Commercial property types want to duck a tax for housing.
Housing
Are You Kidding Me With This Harry Potter Closet For Rent?
Portland, are you kidding me with this Harry Potter closet under the stairs for rent?A user on Reddit has brought this brought to our attenton: Are you kidding me? Let’s break this post down point by point: This 35 square foot cozy sanctuary is for rent now! Pro: You can live like Harry Potter! Maybe […]
Forget $15 Per HourโOregonians Now Need More Than That to Afford an Apartment
According to this story from The Atlantic‘s Citylab, a new report by the National Low Income Housing Coalition has found that the hourly wage needed to afford even a modest apartment in America has risen considerably in the last yearโand in Oregon? If you were looking to rent a two bedroom apartment, you’d probably need […]
Housing Activists Showed Up At a Landlords’ Gala. Here’s What Went Down
Local landlord industry group MultiFamily NW held its glitzy annual ACE Awards tonight, and nattily dressed property management folks were breathless in anticipation for categories such as “Single-family Property Manager of the Year (Any Size Portfolio)” and “Renovated Property of the Year ($1 Million+).” But whoops! Housing crisis. As hopefuls arrived at the Portland Art […]
Dan Saltzman Is Proposing A New Construction Tax to Fund Affordable Housing
Nicole Cmar Right now, Portland developers building new projects pay into a fund that helps parks meet demand of new residents or employees. And they pay similar “system development charges” (SDCs) for street improvements to account for new people, and for upgrades or additions to the stormwater and sewer system. Now Commissioner Dan Saltzman says […]
Billboard Informs Portlanders That Only Stupid People Rent
Social Finance, Inc.’s new billboard, seen from the Hawthorne Bridge. Erik Henriksen Up until a few days ago, the most tone-deaf billboards in Portland were the Portland Police Association’s “Having Enough Police Matters” ads. But Portlanders traveling into Southeast Portland across the Hawthorne Bridge are now treated to a brand-new condescending billboard. The ad from […]
The Atlantic‘s Written a Tough Article on Portland’s Housing Crisis
via The Atlantic There’s a newly published article in The Atlantic today by Alana Semuels that takes a hard, and not entirely flattering, look at Portland and how we’re dealing with our current housing crisis. It’s called “Can Portland Avoid Repeating San Franciscoโs Mistakes?” and here’s an excerpt: Itโs all the newcomers, some say. Theyโre […]
Meet the Next Wave of Portland Homeless Camps
It’s being forged in a high school geometry class.
In Other News
(Expensive) affordable housing! Homelessness throwdown! AS THE CITY’S housing crisis worsens, the Portland Housing Bureau is unleashing a fire hose of public money to build new, cheap housing. The bureau announced last week it had awarded a whopping $47 million for eight projectsโtwo of which are renovations of existing buildingsโthat will result in 585 new […]
Portland’s Number 1! (In Rapidly Rising House Prices)
Levi Greenacres The S&P/Case-Schiller Home Price Indices were released this morning, and surprise! Portland has another “number one” designation to add to our growing listโbut this time it’s for most rapidly inflating housing prices. From S&P/Case-Schiller: Portland, Seattle, and Denver reported the highest year-over-year gains among the 20 cities with another month of annual price […]
In Other News
Trump supporters, haters clash! Rent control’s rolling!
Sarah Iannarone’s the Latest Mayoral Hopeful Calling For Immediate Rent Controls. Here’s Where Candidates Stand on the Issue.
Something you notice when you start asking local political candidates about rent control: The people who don’t currently hold elected office almost all say Portland’s housing crisis is probably a “man-made disaster” and that the city should attempt to institute a rent freeze and other protections, which would be otherwise prohibited by a statewide preemption. […]
