You'd think it only matters if you're renting. If you own it just drives up the value of your house. Sounds like a nice investment.
Indeed. We bought a house around 40th and Salmon in late 2005 at the height of the bubble, but when we sold in 2013, we still made 80k profit, and the most work we did was replace the water heaters when we bought, and paint the walls when we left. That profit was 100% neighborhood reputation.
Where are the lower class areas between 12th and 39th on Division? Maybe an older apartment building with some stoner kids scrounging up money for rent. Right next to it is the old Victorian with the new family that drives a Eurovan, does hot yoga and has a Labra-Doodle.
That's a great investment. New school hippies would kill to live in that area. Salmon is a major bicycle thoroughfare.
I'm actually a big Sanders fan. I streamed most of the rally on Youtube. I just don't think he has the funding it takes to compete.
You're telling me. Naked bike ride through there every night, and officially once a year! Of course, one of the gay white Maoists in the neighborhood stole our cat and called the Humane Society on us because he thought we were abusive owners. So it's not all great.
Yes, it's good if you own, but bad if you rent. The price of housing will go up in high demand areas, and if you're not getting cost of living raises at your work, you might get priced out of your rental. But that has to do with economics, and it ties back into Bernie Sander's platform, of getting higher wages/benefits for the working class. They bitched about "gentrification" believing it was a racial issue.
Sanders has real followers. It's kinda exciting in a sense. People actually give a fuck. Weird. And im totally convinced that the blm "protesters" at his rallys are plants, there really is no other rational explanation.
Doesn't everyone get the COLA raises? I thought it was law. I don't think gentrification is a racial issue at all. My generation is graduating college and wanting to raise their family in the city instead of the suburbs. I live in a up and coming area that used to be one of the real trouble areas in Portland. I don't see any racial hostility. Go up to the Safeway right up the street and I feel like a minority still. For as many blacks that moved out to Gresham and outer SE, there's still plenty in North/Northeast Portland.
First. In the carter years, my parents frequently told me to enjoy life while I could, that things were getting worse and worse and there wasn't much hope for change for the better anywhere in sight. Reagan completely changed that.
Sounds like you are beginning to understand the downside of urban growth boundaries and the mission of progressive urban planners.
Urban growth boundaries get moved and expanded all the time. They're anything but inviolable. The simple fact is that there is no perfect solution. The counter-example of zero planning and zero regulation gives you sprawling shit-holes like Houston or Phoenix - hardly an improvement.
