Background

In 2023, Governor Tina Kotek enacted Executive Order 23-04. The EO initiated a significant policy shift that aims to increase the state's housing production to 36,000 units annually for the next decade, an 80% increase from the preceding years' average production of 20,000 units.

Oregon Housing Production (2018-2023)

Year - Total Units - Regulated Units - % Regulated

2023 - TBD - TBD - TBD

2022 - 13,792 - 2,361 - 17.1%

2021 - 14,943 - 1,122 - 7.5%

2020 - 15,944 - 982 - 6.2%

2019 - 13,978 - 1,233 - 8.8%

2018 - 14,717 - 1,209 - 8.2%

Market Resolution

This is a prediction market. Market will close at the end of the year (31 Dec 2024)

The market will resolve to one option depending on the percentage of housing units produced that are reported as regulated, affordable housing.

Oregon cities must submit annual housing production reports for the previous calendar year to the Department of Land Conservation and Development by 1 Feb the following year. Market will resolve based on these reports.

Related Markets

Disclaimer

I do not bet in markets I create to avoid motivated reasoning. In the event that I am unable or unavailable to resolve the market, the market may be resolved by Manifold Mods. Any changes to the market description will be noted in the change log.