There is a definite housing boom here in Beaverton, Oregon. New rules that allow duplexes, triplexes, quadplexes, townhomes, and cottage clusters in Beaverton’s residential neighborhoods took effect in June 2022. There are 5 story apartment/condo complexes going up all over - many with ground floor retail. Much of it is redevelopment on former retail space, although some is new construction on open space. How much is actually "affordable" is open to discussion - depending on location.
The problem here with the older "silent generation-bought" housing, is much of it is literally falling apart. Mold is rampant, poor insulation, and 70 years of wear and tear on cabinets, floors, and counters, has taken its toll. Wall heaters are not efficient, windows are all single pane and not efficient... It becomes easier to tear down and start over, than to try and bring them up to standards of today.
I think that's AWESOME! I've read about the zoning changes in a number of states - I hadn't read about Oregon. It's the wave of the future, although I agree they're probably not "affordable"- they build similar apt complexes here, and you're looking at about $3,000/month for a 2-bedroom. WE NEED MIDDLE HOUSING!! Good luck tomorrow - please have Victor let me know when you're in recovery -- keeping a kind thought.
I did a long post on this a while back, the post you forwarded to Mark. It's something that I've been talking about with county officials where I live -- You need public-private partnerships, enough land (or reused buildings) and that helps to increase supply. The regs that need to be changed are all local zoning/land use ones. But without the partnerships, the developers won't build them.
There is a definite housing boom here in Beaverton, Oregon. New rules that allow duplexes, triplexes, quadplexes, townhomes, and cottage clusters in Beaverton’s residential neighborhoods took effect in June 2022. There are 5 story apartment/condo complexes going up all over - many with ground floor retail. Much of it is redevelopment on former retail space, although some is new construction on open space. How much is actually "affordable" is open to discussion - depending on location.
The problem here with the older "silent generation-bought" housing, is much of it is literally falling apart. Mold is rampant, poor insulation, and 70 years of wear and tear on cabinets, floors, and counters, has taken its toll. Wall heaters are not efficient, windows are all single pane and not efficient... It becomes easier to tear down and start over, than to try and bring them up to standards of today.
I think that's AWESOME! I've read about the zoning changes in a number of states - I hadn't read about Oregon. It's the wave of the future, although I agree they're probably not "affordable"- they build similar apt complexes here, and you're looking at about $3,000/month for a 2-bedroom. WE NEED MIDDLE HOUSING!! Good luck tomorrow - please have Victor let me know when you're in recovery -- keeping a kind thought.
How would low rise, affordable condos or rental apartments affect your cogent analysis?
I did a long post on this a while back, the post you forwarded to Mark. It's something that I've been talking about with county officials where I live -- You need public-private partnerships, enough land (or reused buildings) and that helps to increase supply. The regs that need to be changed are all local zoning/land use ones. But without the partnerships, the developers won't build them.