Here's the exact moment Corvallis' housing crisis started. Ed Ray planning not-to-plan for housing with Julie Manning (then mayor) buying into the plan. After this housing prices in Corvallis exploded, residents of low-income housing were evicted, mid-income resident bucked up and payed the rent hikes, or, (many) left family/friends/community and moved out of town. Years later when Ed Ray's role in this was brought to the attention of the newly formed OSU Board of Trustees he said "How in the hell did we not realize we needed to have a conversation about housing?", in spite of the fact members of the community had been raising the need for housing for years. You can see here that it wasn't an oversight at all. It was a choice made to protect the university from financial risk at the cost of students and full time residents of the Corvallis community. Meanwhile he's successfully raised hundreds of millions of dollars for the OSU football team.
As a final slap in the face Julie Manning has now been appointed to represent the interests of the Corvallis community to the OSU Board of Trustees.
Video below documenting OSU's decision to close the least expensive, and by far most popular, on-campus housing. This decision was made a the same time OSU was drastically expanding their enrollment. Across the street from this site OSU is now planning to build the most expensive dorms in OSU history.
Cartoon submitted to GT (not accepted) Credit Jack Compere