Portland still greatly restricts where denser housing may be built. When you concentrate most of the new stock in huge towers, it's harder to get anything affor

Portland still greatly restricts where denser housing may be built. When you concentrate most of the new stock in huge towers, it's harder to get anything affordable since huge towers are inherently expensive to build. The point isn't that fewer restricts means housing prices won't climb at all, but that they won't climb as quickly. For the truly affordable segment, they're either served with old housing (like with cars), or with public housing.