Commentary

City Observatory’s Joe Cortright on the Housing Bubble–2005

In an op-ed published in the Portland, Oregonian on July 17, 2005, City Observatory director Joe Cortright predicted that the US was in the throes of a housing bubble. The text of this op-ed follows:   THE ECONOMIST: High-flying house prices fueled by fervor can’t last July 17, 2005 | Oregonian, The (Portland, OR) Author/Byline: JOE CORTRIGHT; […]

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The Week Observed, August 23, 2024

What City Observatory Did This Week How Metro’s RTP illegally favors driving and violates state climate rules.  Oregon’s planning rules require Portland area transportation plans to prioritize investments that reduce vehicle miles traveled–but the region’s transportation plan illegally prioritizes spending for freeway expansions. Metro’s adopted Regional Transportation Plan devotes most of its resources to providing additional

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How Metro’s RTP Illegally favors car travel and violates climate rules

Oregon’s planning rules require Portland area transportation plans to prioritize investments that reduce vehicle miles traveled Metro’s adopted Regional Transportation Plan devotes most of its resources to providing additional capacity for car travel Metro’s own climate analysis shows investments in roads are the least effective way to reduce greenhouse gas emissions.  Transit, biking, walking and

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Hiding the growing cost of the Interstate Bridge Replacement

The cost of the Interstate Bridge Replacement (IBR) is going up:  But we won’t tell you how much . . . And we’re not going to tell you until a year from now, after the 2025 Legislature adjourns In January, 2024, IBR official publicly acknowledged that their 13 month-old cost estimate of up to $7.5 billion

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