In December 2002, the Metro Council in Portland, Oregon, had to decide whether or not to expand the urban growth centers Boundary (UGB) for the metropolitan area. The UGB had been created as a tool to promote a more compact, livable and efficient metropolitan area. But Portland real estate prices had increased rapidly, and builders and other disputed that the UGB was to blame firmly restricting the supply of developable land. This case, designed for a course in urban plann … Read more »

In December 2002, the Metro Council in Portland, Oregon, had to decide whether or not to expand the urban growth centers Boundary (UGB) for the metropolitan area. The UGB had been created as a tool to promote a more compact, livable and efficient metropolitan area. But Portland real estate prices had increased rapidly, and builders and other disputed that the UGB was to blame firmly restricting the supply of developable land. This case, designed for a course in urban planning or business, was designed to be a discussion of how the various forces of supply and demand, including zoning restrictions, affect the price of housing support. It can also stimulate controls an examination of the reasons for the different types of zoning or growth. Part A (1703.0) describes the fundamental debate, while Part B (1704.0) is an optional note provides additional background information, as prices are measured. HKS case number 1,704.0
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Molly Howard,
Jose Gomez-Ibanez
6 pages.
Release date: 06 August 2003. Prod #: HKS142-PDF-ENG
Portland Urban Growth Boundary and property prices (B): Note on Measuring Housing Prices HBR case solution