By State Senator Daniel Bonham
Newsletter Excerpt
The Oregon Capital Chronicle reports that middle-income families are unable to afford the majority of our homes statewide.
Rising interest rates, skyrocketing home prices, and outdated land use laws have created a system where teachers, first responders, and working-class Oregonians can no longer afford to live in the very communities they serve. It’s not a housing market anymore — it’s a policy failure.
Instead of clearing the way for new home construction, reducing permitting delays, and reforming land-use laws, Oregon lawmakers continue to push expensive subsidies and urban growth boundaries that strangle the supply.
Middle-class families are being priced out of the American dream while the political class pats itself on the back for “equity.” We need solutions that work — not more buzzwords.
The post Sen. Bonham: Homeownership slips further out of reach first appeared on Oregon Catalyst.
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Author: News Update
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