Oregon's Housing Crisis

[u/RottenSpinach1]

"To avoid experiencing a rent burden, a renter should spend no more than 30% of their monthly income on housing costs. With the average cost of a one-bedroom apartment at $1,254 in 2023, a person would need to earn $50,166 to avoid experiencing a rent burden. Anyone earning less than this amount would be rent burdened by the cost of a typical apartment. About 48% of occupational groups have average wages meeting this definition and will account for 44% of job creation projected through 2032."

The full report has other really grim stats:
https://www.oregon.gov/ohcs/about-us/Pages/state-of-the-state-housing.aspx

[u/666truemetal666]

We need socialized housing immediately. Allowing the few to hoard shelter and charge a kings ransom isn't working

[u/DrKronin → u/666truemetal666]

Allowing the few to hoard shelter and charge a kings ransom isn't working

The only reason that's possible is the artificial limits put on supply by our existing socialist-lite government. End the UGB and other stupid land-use policies, and prices will plummet. In the meantime, socialism is a shitty solution for problems caused by socialism.

[u/Jeff-the-Alchemist → u/DrKronin]

Socialist lite? What part of our government is socialist?

Our hospitals are owned by private equity firms. Our health insurance options are all private companies.

We have local businesses closing because their corporate rent was jacked up, while the average person experiences both food and rent insecurity because of inflated costs largely tied to the fact that most of the rent options are corporate slumlords.

We have bottom of the barrel labor protections (looking at you Bigfoot). Education beyond k-12 is largely privatized.

Is the socialism in the room with us?