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Portland leaders freak out as downtown property values plummet 50 more than 50% episode artwork

EPISODE · Mar 20, 2025 · 13 MIN

Portland leaders freak out as downtown property values plummet 50 more than 50%

from News For Reasonable People · host Sean Reynolds

Plummeting property values in downtown Portland are costing the city millions of dollars in tax revenue that would otherwise go to vital city services, as the city looks at a $92.8-million budget shortfall in the upcoming fiscal year.The turndown in revenue is putting pressure on city leaders to re-imagine a downtown once filled with workers.Perhaps no one is feeling the pinch like downtown restaurants and small businesses.

What this episode covers

Plummeting property values in downtown Portland are costing the city millions of dollars in tax revenue that would otherwise go to vital city services, as the city looks at a $92.8-million budget shortfall in the upcoming fiscal year.The turndown in revenue is putting pressure on city leaders to re-imagine a downtown once filled with workers.Perhaps no one is feeling the pinch like downtown restaurants and small businesses.

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Portland leaders freak out as downtown property values plummet 50 more than 50%

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How long is this episode of News For Reasonable People?

This episode is 13 minutes long.

When was this News For Reasonable People episode published?

This episode was published on March 20, 2025.

What is this episode about?

Plummeting property values in downtown Portland are costing the city millions of dollars in tax revenue that would otherwise go to vital city services, as the city looks at a $92.8-million budget shortfall in the upcoming fiscal year.The turndown in...

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