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- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
on Wage Woes
Portlalnd & Oreogn biggest problem: lack of corp. hdqtrs = few $100K + jobs, increase revenue, create hub for like business to locate (like our Nike: sports/appearal hub.) When GP left for Atlanta the merge, acquire, relocate trend trend.
1970's Portland housing was a steal compared to other West Coast cities. Home appreciation slowly crept up - still bargain basement for WC cities. People moved in, we livedo on growth bubble. Creative types flocked, MBA's left for corp hub cities.
Bottom line: Our business demographic (salaries) unable to fund housing and cost of services to pay for schools, infastructure, etc.
The bubble has burst - we're left with reality: Portland is not a corp. hub city. Need a miracle.
posted 2 years, 5 months ago
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