Portland State professor says more people means higher housing expenses


The expert’s study refutes the 2014 Urban Growth Report.

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The expert’s study refutes the 2014 Urban Growth Report.

“This report deserves special attention by citizens and professionals in the local business community because it distorts economic data and will lead the region to make decisions that will harm economic growth,” says the study, which was written by Gerard C.S. Mildner, academic director of PSU’s Center for Real Estate.

State law requires Metro to maintain a 20-year supply of buildable land within the growth boundary. The Metro Council must decide whether to expand it every five years or so, and the next decision is scheduled for 2015. The report was prepare by Metro staff to help guide the decision. The Metro Council will consider adopting it at 2 p.m. on Thursday, Dec. 4.

Read more at the Portland Tribune.