Rent Crisis in Portland

I recently read an Oregonlive article titled: “The Rent Crisis Is About to Get a Lot Worse, Harvard Report Says.”

This concerns me very much, the astronomical spikes in rental costs.
A good first step for taking action to increase affordable housing in Canby came last week when we approved the building of a new apartment complex in the industrial park. They will cost $800-1400 (depending on size); moreover, higher-income people who are currently in cheaper apartments in town will migrate to the new complex, thus allowing lower-income people to rent the more affordable units in town.

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