On her first day in office, Oregon Governor Tina Kotek signed an executive order calling for the construction of 36,000 new homes per year. She was especially hoping for lots of new apartments because, as everyone knows, driving is evil and people who live in apartments drive less than people who live in single-family homes.
Source: CoStar via Willamette Week.
It should come as no surprise to anyone who understands how well central planning works that apartment construction in Portland, where close to half of Oregonians live, is now at its lowest level in more than a decade. There are several reasons for this, but among them are several idiotic government policies that have discouraged more construction. Continue reading
