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Portland Leaders Panic as Downtown Property Values Crash Over 50%! [13:58]
YouTube ^ | Premiered March 20, 2025 | News For Reasonable People

Posted on 04/02/2025 6:30:26 AM PDT by SunkenCiv

Portland's downtown is in freefall, with property values plummeting 57% since 2019, from $3 billion to just $1.3 billion. City leaders blame remote work, but the real culprit is the rampant crime, homelessness, and lawlessness that have turned once-thriving business districts into ghost towns. Portland is hemorrhaging businesses, tax revenue, and economic vitality as companies flee to safer, more business-friendly environments like Texas and Florida. The city anticipates a $33 million tax revenue loss over the next five years, further crippling essential services like police and fire departments. Despite this crisis, city officials ignore the glaring issue: out-of-control crime and public disorder. Instead, they propose unrealistic solutions like shifting the focus to arts and culture. Unless leadership enforces real law and order, downtown Portland will continue to decline, proving once again the devastating consequences of progressive urban policies.

(Excerpt) Read more at youtube.com ...


TOPICS: Business/Economy
KEYWORDS: oregon; portland; seanreynolds; wrightgazaway
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To: Mean Daddy

The Titanic was beautiful, too.

You were smart to leave. Shame about your niece. /s


41 posted on 04/02/2025 7:29:32 AM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: sphinx
How about Portland?

------------

Same in Portland. The suburbs (especially in the west, like Beaverton, and also Vancouver in the state of Washington across from the Columbia river) are thriving and expanding. Most people escape the city and move away to the suburbs. It is a beautiful state and a beautiful city though. Too bad.

42 posted on 04/02/2025 7:31:20 AM PDT by nwrep
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To: sphinx

bttt


43 posted on 04/02/2025 7:31:26 AM PDT by linMcHlp
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To: SunkenCiv
"...further crippling essential services like police and fire departments"

I thought they had abolished those relics of white supremacy a long time ago.

"city officials ignore the glaring issue: out-of-control crime and public disorder. Instead, they propose unrealistic solutions like shifting the focus to arts and culture."

Imagine the quality of art and culture in a place like that!

"Unless leadership enforces real law and order, downtown Portland will continue to decline, proving once again the devastating consequences of progressive urban policies."

One doesn't know whether to laugh or cry!

44 posted on 04/02/2025 7:45:33 AM PDT by Savage Beast (There's a Light over the Whole World. I just want everybody to be happy, healthy and well. --DJT)
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To: Jane Long; SunkenCiv

“ They voted for this!”

All of them?


45 posted on 04/02/2025 7:47:56 AM PDT by Jim Noble (Assez de mensonges et de phrases)
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To: SunkenCiv

My guess;
Despite the plummeting values, the assessed values for tax purposes remains unchanged, or even increased.


46 posted on 04/02/2025 7:56:24 AM PDT by Z28.310 (does not comply well with others)
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To: SunkenCiv

It is all on themselves for destroying downtown.


47 posted on 04/02/2025 8:26:55 AM PDT by bgill
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To: Jim Noble

“It’s the same for big Republican run cities.” Really, can you name one?


48 posted on 04/02/2025 8:32:57 AM PDT by deetch (Frank)
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"CascadeRange" keyword, sorted:

49 posted on 04/02/2025 8:52:36 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: SunkenCiv

I did nazi that coming.


50 posted on 04/02/2025 9:06:00 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: deetch

“ the same for big Republican run cities.” Really, can you name one?”

When did I say that? “All of them” was my answer (and is my standard answer) to “they voted for that”


51 posted on 04/02/2025 9:42:29 AM PDT by Jim Noble (Assez de mensonges et de phrases)
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To: SunkenCiv

There must be a republican somewhere that caused this.


52 posted on 04/02/2025 10:41:51 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: conservative_cyclist; ten18; Twotone; VeryFRank; Clinging Bitterly; Rio; aimhigh; Hieronymus; ...
If you would like more information about what’s happening in Oregon, please FReepmail me. Please send me your name by FReepmail if you want to be on this list.
53 posted on 04/03/2025 4:55:41 PM PDT by Twotone ( What's the difference between a politician & a flying pig? The letter "F.")
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To: Red Badger

Speaking of Tampon Tim, I am still gobsmacked that the Dems managed to find someone to run for VP that was more weird than Tim Kaine. Just wow.


54 posted on 04/03/2025 5:02:04 PM PDT by FreedomPoster (Islam delenda est)
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To: FreedomPoster

Their candidates in 2028 will be a Tranny and Muslim.............


55 posted on 04/03/2025 5:03:23 PM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: I want the USA back

I think that was Seattle. Portland, however, was allowing a Federal building to be regularly firebombed.


56 posted on 04/03/2025 5:04:48 PM PDT by FreedomPoster (Islam delenda est)
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To: Red Badger

I would not bet against you.


57 posted on 04/03/2025 5:17:16 PM PDT by FreedomPoster (Islam delenda est)
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To: FreedomPoster

Every election they get weirder and weirder.

In 2020 they ran a demented pedophile and a drunk prostitute.................


58 posted on 04/03/2025 5:19:27 PM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Red Badger

Courtesan is a tad more accurate.

But generally yes, complete agreement. I was calling him Dementia Joe in 2020, you could easily see it.


59 posted on 04/03/2025 6:12:36 PM PDT by FreedomPoster (Islam delenda est)
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