Rumor What's going on in Portland?

No, what happened?

The story behind Uncle Chen's and Chen's Dynasty is crazy too

 

I guess it was called Tuck Lung

https://www.oregonlive.com/life_and...cc4732759/secret_tunnels_moresecret_gamb.html



Also, in the article was this guy from Fong Chong...I remember that dude.

Edit: this was actually Bill Naito who Naito Parkway named after. Thought that was the Fong Chong owner



I remember they used to have a tank with Geoduck and we'd order that. Dope stuff.

 

Oregon ranks 9th highest in the country for rent prices, study says

 

How can we get away with high rent if the city is such a shit hole? Somebody please explain.

 

Because Californians with more money are moving here from bigger $hit holes.

 

Its not just the cost of high housing in Oregon but also the percentage of income to acquire one is I think is in the top two, Nation wide.
We know people that have relocated because they want to be able to acquire a home at a more affordable price.

 

So it’s not THAT bad then? If they can get away with such high rent, it must be a desirable place to live? Just asking.

 

So that’s a good thing?

 

Well, anything is more desirable than Cali, brah!

 

Shit there are a few places I would consider moving to and as much as I love the PNW thats saying a lot. There’s a couple little sleepy towns south of SF we found on my daughters college visits that were amazing. Also, my aunt lives in Imperial Beach way down south….not a bad vibe down there either.

 

Housing prices as a percent of income are very high here and many young people are having a hard time affording rent or a mortgage.

 

The median home price in Yuma for the week end on January 20th 2023 was $126,400compared to $862, the median rent.
Median home price in Portland is above 500.

 

Median Rent in Portland is $1875 (Its $3,045 in LA).

https://www.zillow.com/rental-manager/market-trends/portland-or/

 

Miami is the worst. Low incomes.

https://www.nytimes.com/2022/12/15/realestate/where-are-the-most-and-least-affordable-homes.html

 

Here is the rental data:
https://www.multifamilydive.com/news/the-countrys-least-affordable-cities-for-rent/621004/

 

Crazy
Cities Where Homeowners Spend the Most on Housing Relative to Income | FilterBuy

 

This does not seem accurate for Median Income:

 

agree...