Oregon's land market is defined by its statewide land-use planning system — the strictest in America. Urban Growth Boundaries (UGBs) around every city limit where development can occur, protecting farmland and forest outside the boundaries. This creates a stark divide: land inside UGBs is expensive and buildable; land outside may be cheap but severely restricted for development.
The Portland metro dominates the economy. The Willamette Valley is one of America's premier agricultural regions (wine, grass seed, berries, hops). The Oregon Coast, Cascade Mountains, and high desert east of the Cascades each have distinct markets.
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