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Podcast: Cascade CounterPoint
Episode: QP: Portlanders Are Voting with Their Feet
Description: Full text: Oregon’s economic engine is losing steam. For the second year in a row, Multnomah County lost population. The U.S. Census Bureau reports the county now has 21,000 fewer people than in 2020. In contrast, Clark County, Washington added more than 11,000 in population.
It’s not an accident and it’s not a mystery. Over that time, housing prices in the Portland region have increased by 30%. But, it’s more than just housing prices.
Portland now has the second highest tax burden of any major city in the U.S. Only New York City has higher...