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Going back to Portland for a sec: housing costs in Portland are high today because you have more and more people working remote jobs for Silicon Valley companies, and they are buying up cheaper properties but netting California salaries. Gentrification might have played some role prior to the last five or ten years, but I'm pretty sure some black guy could get remote work in Portland as easily as some rando white dude. Some of this is explored in the article below, but there are plenty of others I looked at that talk about it as well. https://money.cnn.com/2016/02/05/pf/...le-california/ |
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Tear down mansions, strip malls, and government plots to make room for several modest homes and/or apartments.
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