Part 1/11:
Portland's Financial and Political Crisis: The Cost of DEI Policies and City Decline
A City in Free Fall: Economic Decline and Crumbling Infrastructure
Portland is currently facing unprecedented challenges that threaten its economic stability and overall viability. Real estate values have plummeted, with iconic properties such as the U.S. Bank Tower—popularly known as the "Big Pink" due to its distinctive color—selling at an staggering 88% discount from market value. Once valued at $372 million in 2015, the tower now fetches just $45 million, a stark indicator of the city’s deteriorating commercial real estate market.