Portland needs to create around 120,560 new housing units to account for the growing demand and historic underproduction — but has it been keeping pace?
PORTLAND, Ore. — Portland City Council unanimously approved a series of strategies on Wednesday that they hope combats the city’s housing shortage and affordability need.
Like many other U.S. cities, Portland is facing an unprecedented housing crisis that is making it increasingly unaffordable for most residents to rent or buy — with both rising rent and home prices consistently outpacing incomes.
According to the report, more than a third of Portland households spend more than 30% of their income
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