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)

2023 - TBD

2022 - 13,792

2021 - 14,943

2020 - 15,944

2019 - 13,978

2018 - 14,717

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:

• If Oregon met its annual production goal of 36,000 housing units

• How many units were actually produced

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.

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.