The Effects of Portlandʹs Urban Growth Boundary on Housing Prices

Unlike previous studies, which used metropolitan level data, this study uses spatially disaggregated data (block group data from the U.S. Census) to statistically test the effects of Portlandʹs urban growth boundary (UGB) on housing prices. This analysis shows no evidence of a significant difference between housing prices inside and outside the UGB, suggesting that both inside and outside the UGB are parts of a single housing market.