By Randal O’Toole
So-called affordable housing is anything but affordable.
Instead, it is mainly a scam that benefits developers far more than it helps low-income people. By restricting most development to less than 1.5 percent of land in the state, Oregon’s land-use planning has made housing expensive.
Politicians have responded by spending more tax dollars on subsidized housing, but this won’t make housing more affordable for most people and may even make it less affordable.