Our various methodologies, when combined, show that Portland’s UGB has not directly distorted housing values in Portland, but forms part of a broader urban strategy of densification, urban revitalization, and gentrification. Contrary to the rosy, win-win framing of municipal renewal documents, this gentrification has amounted to massive, continual displacement with racial and class implications, as evidenced by both our interviews and spatial analysis. While members of the Mahonia Land Trust value the UGB for protecting important communal resources, they acknowledge that minorities, such as many residents of Northeast Portland communities, are likely to pay the steepest costs for its existence. This shows the inherent contradiction in the nature of the UGB and how it serves well a select few (primarily planners, developers, and residents who are already higher up in power relations in their respective communities) by placing the burden of all the negative externalities on individuals at the bottom of the power structure (primarily minorities and the poor).