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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.

Suzanne

posted 2 years, 5 months ago
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