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/trapercreek]

Speaks to OR Democrats’ abject failure to address meaningful & effective minimum wage & rent cap controls that protected their most vulnerable to burden constituencies.

Instead, they’ve caved to lobbying pressure & campaign contributions from the business & landlord/property owner interests for the past 2 decades. Our current Gov played a huge role in this as Speaker.