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by systemvoltage 1340 days ago
> In 2017 Portland ranked third. Now it has dropped to 66th out of 80.

https://www.economist.com/united-states/2021/06/12/portland-...
2 comments
ProjectArcturis 1340 days ago
Third in "desirability for property developers", as if that were some kind of important metric for a city.
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Der_Einzige 1340 days ago
It is. Portland went from shockingly massively increasing home prices to declining home prices in no small part due to this.
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ProjectArcturis 1340 days ago
Isn't it generally better to have affordable housing than shockingly massively increasing home prices?
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QuarterReptile 1340 days ago
Clearly not, in the context of this discussion. No city is better off by eviscerated its tax base.
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allisdust 1340 days ago
Only if anyone want to live there. Why would anyone want to purchase a house or live in a place how ever affordable it is, where a mob might burn their house down.
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brailsafe 1340 days ago
The way I read this is that the more desirable a city is to property devs, the lower the cost of housing, which seems true. Affordable housing = Less scarcity, less scarcity comes from building more
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pedrosorio 1340 days ago
The link has a paywall. Portland ranked third in what?
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