An opinion piece in the Portland Tribune last week reviewed the expected result of RIP – that is the analysis and forecast by the city’s own economist – and summed it up:
“The city’s own commissioned report makes it clear. RIP won’t produce affordable housing, average-priced housing, or family-size housing. It won’t create more homeownership. It will only create opportunities for developers and investors to build small, expensive apartments. It will lead to more demolitions and displacement.”
“Who is RIP for? Not for ordinary Portlanders.”