This is a supply/demand problem as previously mentioned. What I can't believe is that folks didn't see this coming, and that government entities aren't willing to take their foot off the necks of private enterprise who are the only solution to the the supply issue. Instead they appear to be ready to add both feet. 

Land planning in Lane County is still stuck in the 1970's. Municipalities have the SDC's jacked so high that building the desired low-to middle income standard duplex or single family residence is unprofitable. Has anyone tried to run the regulatory gamet lately to build a few new homes or rentals? Just the planning and permit process is nuts. 

One start to the process might be to encourage our elected officials to travel to our neighboring states of Idaho and Utah. Time spent in Boise or Salt Lake City should certainly shed some light on how to get the supply issue solution rolling.