I’m new here and I apologize for being part of the problem, and I can relate to what you wrote, it all seems very true to me. What I notice is that property developers are all building the same type of new thing - living spaces for people who will pay 2k rent per month for small-ish 1 or 2 BR apartments. Or, new 3BR/2BA homes for purchase, in the 600-750k range. This seems really badly matched to the middle class incomes of the city. It’s like they’re building for the tenants and home buyers they hope to get, not the tenants and buyers that actually exist in portland today. Most smart cities address this issue with basic City Planning, a profession that is at least 400 years old in its currently recognizable form. I’m not sure why this balance is so “badly calibrated” in Portland. Usually this happens when you mix ignorance, inexperience and corruption - and I’m talking about the developers, not just the city govt.
Ray |
Portland, OR |
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