Downtown Portland down 70% in property values

By Taxpayers Association of Oregon Foundation,

KATU-2 Has run the numbers and the loss of market value in downtown Portland properties is down an astonishing 70% since 2019.   This has resulted in tens of millions of dollars of tax revenue loss.   There have been 10 new taxes that Portlanders have been hit with in the last 10 years.

As taxes go out … businesses leave … politicians respond by offering them tax $$ to come back.