Economic leaders discuss why Portland has struggled with affordability
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- Опубликовано: 29 фев 2024
- While some metrics improved in 2023, a recent poll commissioned by the Portland Metro Chamber showed that voters have deepening concerns about the future.
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1. stop investment firms from buying residential properties. 2. Take steps to root out drug use/abuse, it is honestly scary to walk downtown these days, too many zombies everywhere. 3. Take steps to house homeless people, and help them to find work.
#1, SB 100 is now 50 years old, it is past time to review it and its implications. OR is the 9th largest in the union, if current electeds can not see the wisdom of placing new centers of growth throughout the state to 'halt' high cost of housing, they can and will be replaced
#2 Whack 1/3 from BDS, yeah, a bitter pill to swallow but will make construction costs plummet and consequently housing costs
#3 The County's function is morphed into nonfunctional, it swallows a significant portion of property taxes, it can and will survive with 'significant' reductions
#4 Education education and a bit more education, is sorely needed by Portland's leftists in understanding just how supply and demand works so when they clamor for more 'affordable' housing means they too will subsidize that with ever-increasing taxes resulting from government overreach, and once again, it is 'education' that can be a salve to the many many issues City residents face.
but education is the bane or kryptonite to Portland's elected leftists -- an educated populous means their job is in jeopardy they believe...
The Taxes blow and go nowhere, utilities are up 18%+, and wages aren’t catching up. This place sucks.
The utilities increase is very real. Like when Waste Management (arrow) decided to pick up trash 1/2 the amount and keep rates the same.
The world sucks in that department...
Simple answer move!
@@dannewth7149 very intellectual response. I like how you factored socioeconomical intricacies as well as tackling the gentrification side of the argument.
@@dannewth7149 Moving isn't simple for everyone. Besides, the mass exodus from Portland/Oregon has been under way. And the problem with that, Einstein...all the working Oregonians and businesses that provide jobs have left too. So, there goes the tax revenues and job providers. You're not too bright, are you? Typical Portlander.
Not voting for new taxes or bonds until Portland and Multnomah county can manage what they have now.
Too many darn taxes!! I hope local politicians are watching this video.
Portland’s leadership is incredibly ineffective
At least the Mayor isn't running for re election
Andrew was spot on at 15:48 to 15:54: "It is policy that caused many of these issues and it is policy that can help us out of these problems."
Partisan politics aside - let's agree on a common ground and hold our elected government officials accountable!
With a 17.2% utilities increase, how can we expect business to grow here?
And the latest news is that PGE is again planning to raise the cost of electricity in January of 2025 and annually every year thereafter in January, one to the coldest times of year here in the Pacific Northwest. Go Figure?
I wouldn’t call them “economic leaders “. Economic leaders would be someone who actually does something purposeful with money where we see a return on investment. Dumping money into the homelessness has been a huge failure. With no return on investment, similar to taxes.
We all know, they build affordable low income housing and right before it’s completed, they sell it and charge Reg prices
Sky high rents and taxes!
Oregon government is a business. Problems create wealth transfer.
Fixing problems do not.
In this state, 3% of the money goes to the problem, 97% of the money goes to the administration of solving "the problem"
Good Luck
Thank you Laurel. Substantive reporting with data that is useful for decision making is appreciated. You always ask good questions.
Stop charging an "art tax." Where does that even go? Art is not a high priority right now. My rent keeps going up - yet the property is shyt.
This segment should be required viewing by all our public officials. A requirement for local government offices in Continuing education would have a yearly review in order to make necessary changes.
My comments are being censored..What I have been saying over and over again is no one wants to live in a never ending CRISIS state, who invite drug addict homeless to suck out their taxes
I want to know whose bright idea it was to “improve” the streets here in NE Portland when they can’t even fill in the potholes! Those fancy curbs and islands aren’t cheap. Not to mention all the bike projects that nobody uses. What’s up with the arts tax? I’m getting charged every year while many other people I know seem to fly under the radar. Seems like we have a bunch of out of touch chuckleheads in local government.
They're lefties. What on earth do you expect?
@@basecitizenTrue, if they were righties, nothing at all would have been done.
Stop allowing rent to go up every year when incomes don't!!! Legislate rent freezes!!
Agree 100%
You all allowed the Ritz Carlton to avoid putting in just a sprinkle amount of affordable units. They paid a small one time fee and kept their building strictly for the rich😤 When that was a contingency part of the deal when it started. You all cow downed to $$ instead of showing backbone✊️
Don’t be poor.
OMG YOU’RE SO RIGHT! Just “don’t be poor” and capitalism will save you. That’s why caregivers, teachers, emergency staff, waiters and janitors don’t deserve to be housed or live in our area at all. Like, it’s not like we Need any of those jobs, or that we are responsible for their well-being. I’m so, SO grateful I read this response! Excuse me, I got bootstraps to pull up :D
/dripping, venomous sarcasm
@@BrianMorisky Poor and with a heart than Rich with a tiny pecker✨️
A lot of the homes in Portland need to be revalued for their value as property. in Portland there are alot of homes. that were built before the 50s on the market that have not been properly up kept but, yet want the highest value in property. The majority of "first time buyer houses " were built in the 1900s-1950 same Plumbing same wiring same insulation same home construction of those errors. Are on the market top property value $400.00 up
"Why is this happening? The most ignorant comment I have heard all week. Thats why the entire city is out of touch including news media. It's a disaster that's why. Who in their right mind would want to move here. Thankful I'm 20 miles outside of downtown and it still isn't nearly far enough.
Right?! After many, many years of living in Portland (back when it was beautiful, sane and fun), I saw the writing on the wall and got out in 2015. SO GLAD I DID, AND WHEN I DID. You couldn't pay me to go back to Portland, even for a visit. It's sad too. I loved Portland. It's like the death of a family member. Now, Portland today is like the Portland of yesterday's evil, younger step-sister out to devour and abuse the sane and responsible citizens.
You guys in Portland need to fix your shit, stop allowing investment firms buying everything and fix the huge drug problem.
Laural, these segments you do should be called soft talk. Your approach is a flaccid and feeble offering of softballs for your guests. Straight talk is that I live in multnomah county and pay the highest taxes in the country but when I call 911 for an ambulance I get put on hold because none are available and instead of the county chair allowing the ambulance company to temporarily change their system to fix it she spends 167k on a consultant to “figure it out”. And it’s not just multnomah county that is dysfunctional, the whole state from top to bottom is riddled with dysfunction. Now take all the dysfunction and throw in measure 110 and you have the mess that is Oregon. Who would want to live here? Raise children here? My one mission in life now is to get my family out of Oregon.
YES, YES, YES!!! EXACTLY!! And there are several other things I could add to your list. But what you've cited is enough!! I got out of Portland in 2015, thank God!! Now, I'm saving to move out of the state entirely asap.
Too many taxes, housing too much, food too expensive and we raise the wage only too increase everything else. Most people are one paycheck away, one illness or injury away from being homeless.
I’m sure the sky high taxes and battle against businesses and property owners instead of criminals isn’t the reason investors and families want out.
Three reasons
Multi national corporations speculation in housing market
Too many poor/homeless people moving here
Inflation 😮
and a city government that wants absolutely nothing happening unless they can tax 40 percent.
@@MrBearcatjew pull your head out of that humid orfis.
Why this need for population growth?
We, as a whole, should applaud negative growth. There are too many people already, and there are many smart people who choose not to procreate.
because capitalism relies on infinite growth.
@@MrBearcatjew @cherylcampbell9369 You're both idi.ots.
i remember back in 2012 when everyone was clambering for people to stop moving here. now that’s happened and suddenly everyone wants the opposite.
Fricking taxes!