Question. If one is a property owner in Portland (as I am), why would you want more housing? Isn't that greater supply of which translates to lower housing prices and rental incomes? (Increased property taxes don't significantly balance it out.) I think this is what is happening, or a part of the motivation other than over development. But the latter is a relative term, or with Portland, that is. At a minimum, these multi-family structures should all be six stories. I think Portland is the best investment out there. And when Roux and the new USM finish their projects, perhaps it will get another boost. I've noticed small and mid-sized cities with big universities handle recessions quite well (Cambridge, MA, and Austin, TX do or did). Onward and upward, please.