Rumor What's going on in Portland? (10 Viewers)

[Shogun X]

You ever hear about the owner of Ricksaw Charlie's and the husband of the Chief of Police at the time?

No, what happened?

The story behind Uncle Chen's and Chen's Dynasty is crazy too

 

[Shogun X]

I guess it was called Tuck Lung

https://www.oregonlive.com/life_and...cc4732759/secret_tunnels_moresecret_gamb.html



Also, in the article was this guy from Fong Chong...I remember that dude.

Edit: this was actually Bill Naito who Naito Parkway named after. Thought that was the Fong Chong owner



I remember they used to have a tank with Geoduck and we'd order that. Dope stuff.

 

[SlyPokerDog]

No, what happened?

The story behind Uncle Chen's and Chen's Dynasty is crazy too

Police chief's husband and the owner of Ricksaw's were importing major amounts of cocaine for the entire west coast.

 

[Road Ratt]

Oregon ranks 9th highest in the country for rent prices, study says

 

[THE HCP]

How can we get away with high rent if the city is such a shit hole? Somebody please explain.

 

[HailBlazers]

How can we get away with high rent if the city is such a shit hole? Somebody please explain.

Because Californians with more money are moving here from bigger $hit holes.

 

[Hoopguru]

Its not just the cost of high housing in Oregon but also the percentage of income to acquire one is I think is in the top two, Nation wide.
We know people that have relocated because they want to be able to acquire a home at a more affordable price.

 

[BigGameDamian]

 

[THE HCP]

Because Californians with more money are moving here from bigger $hit holes.

So it’s not THAT bad then? If they can get away with such high rent, it must be a desirable place to live? Just asking.

 

[THE HCP]

Its not just the cost of high housing in Oregon but also the percentage of income to acquire one is I think is in the top two, Nation wide.
We know people that have relocated because they want to be able to acquire a home at a more affordable price.

So that’s a good thing?

 

[BLAZINGGIANTS]

So it’s not THAT bad then? If they can get away with such high rent, it must be a desirable place to live? Just asking.

Well, anything is more desirable than Cali, brah!

 

[THE HCP]

Well, anything is more desirable than Cali, brah!

Shit there are a few places I would consider moving to and as much as I love the PNW thats saying a lot. There’s a couple little sleepy towns south of SF we found on my daughters college visits that were amazing. Also, my aunt lives in Imperial Beach way down south….not a bad vibe down there either.

 

[Hoopguru]

So that’s a good thing?

So that’s a good thing?

Housing prices as a percent of income are very high here and many young people are having a hard time affording rent or a mortgage.

 

[Hoopguru]

So that’s a good thing?

The median home price in Yuma for the week end on January 20th 2023 was $126,400compared to $862, the median rent.
Median home price in Portland is above 500.

 

[Shogun X]

The median home price in Yuma for the week end on January 20th 2023 was $126,400compared to $862, the median rent.
Median home price in Portland is above 500.

Median Rent in Portland is $1875 (Its $3,045 in LA).

https://www.zillow.com/rental-manager/market-trends/portland-or/

 

[Shogun X]

Its not just the cost of high housing in Oregon but also the percentage of income to acquire one is I think is in the top two, Nation wide.
We know people that have relocated because they want to be able to acquire a home at a more affordable price.

Miami is the worst. Low incomes.

https://www.nytimes.com/2022/12/15/realestate/where-are-the-most-and-least-affordable-homes.html

 

[Shogun X]

Here is the rental data:
https://www.multifamilydive.com/news/the-countrys-least-affordable-cities-for-rent/621004/

 

[Hoopguru]

Here is the rental data:
https://www.multifamilydive.com/news/the-countrys-least-affordable-cities-for-rent/621004/

View attachment 53206

Crazy
Cities Where Homeowners Spend the Most on Housing Relative to Income | FilterBuy

 

[Shogun X]

Crazy
Cities Where Homeowners Spend the Most on Housing Relative to Income | FilterBuy

This does not seem accurate for Median Income:

 

[Hoopguru]

This does not seem accurate for Median Income:

View attachment 53207

agree...

 

[Shogun X]

Wow, average household income in Portland is over $100k?

https://www.point2homes.com/US/Neighborhood/OR/Portland-Demographics.html




Again, just looking at Portland, this seems way off to me.

 

[HailBlazers]

Wow, average household income in Portland is over $100k?

https://www.point2homes.com/US/Neighborhood/OR/Portland-Demographics.html

View attachment 53208


Again, just looking at Portland, this seems way off to me.

Average household is two incomes. Sounds right to me

 

[BigGameDamian]

 

[THE HCP]

 

[Shogun X]

The former Old Town Pizza? I think that was fun the few times I went in the mid 2000s

 

[BigGameDamian]

 

[HailBlazers]

 

[HailBlazers]

 

[UncleCliffy'sDaddy]

View attachment 53255

I think most of them are parked along SE Foster Blvd, east of I-205..........

 

[Hoopguru]

View attachment 53255

If I parked my trailer on the street Id be ticketed over and over again, my friend!