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Originally Posted by GregNYC
If Portland has only added 300 net jobs this year, what's its economy running on that supports these developments.
I suppose they're speculative, and I love Portland, but I just don't see where the customers are coming from.
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I don't think many people really understand the huge effect that baby boomers...empty nesters and how their growing older, kids moving out ...more disposable income and equity in the homes they live now in the suburbs is effecting all of this growth in Portland...and many other U.S. cities. They aren't speculative. They are real...exist and are making lifestyle changes.