In December 2002, the Metro Council in Portland, Oregon, had to decide whether to expand the urban growth boundary (UGB) for the metropolitan area. UGB was created as a tool to help promote more compact, livable, and efficient metropolitan area. But Portland housing prices were increasing rapidly and home builders and others have argued that UGB was to blame too tightly restricting the supply of developable land. This case is designed for a course in urban planning and economics, is designed to support a discussion of how the various forces of demand and supply, including zoning restrictions affecting the price of housing. It can also encourage the study of the rationale for the different types of zoning or growth control. Part (1703.0) describes the main discussions and Part B (1704,0) is an additional note, which provides additional background on how housing prices measured. HKS Case Number 1704.0 "Hide
by Molly Howard, Jose Gomez-Ibanez 6 pages. Publication Date: Aug 06, 2003. Prod. #: HKS142-PDF-ENG