In a recent article, Dr. Gerard Mildner of Portland State University outlines the way in which a booming economy and population growth led to a shortage of housing. Elected leaders' response has been more regulation. Dr. Mildner asserts that "...investment capital is mobile, and if the regulations are sufficiently onerous, housing supply will dry up and rents will rise to even higher levels."
Read the full paper here.
Mildner also announced that the Portland State University Center for Real Estate and Multifamily NW have entered into a partnership to analyze the results of local and state policy changes on the state and regional housing market. Students of the Real Estate Center will publish articles monthly on different aspects of these impacts. HFO will republish those articles. Watch this space.
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