Hey Folks,
The following news story tells of one poor Portland neighborhood struggling to pay for a rich Portland neighborhood. Part of the problem is the artificial gentrification that is caused by Urban Renewal districts as well. URA takes money from taxing districts in these areas and infuses that money into other areas, causing aberrations in the market and with the tax system, which are exemplified with these types of inequities...Rob T.
The following news story tells of one poor Portland neighborhood struggling to pay for a rich Portland neighborhood. Part of the problem is the artificial gentrification that is caused by Urban Renewal districts as well. URA takes money from taxing districts in these areas and infuses that money into other areas, causing aberrations in the market and with the tax system, which are exemplified with these types of inequities...Rob T.
Similar properties, unequal taxes
When Jean DeMaster sold her Hollywood district home and bought a cheaper house in East Portland, her first property tax bill was a shocker. The new house cost $50,000 less, but property taxes were $600 more. It turns out that residents east of 82nd Avenue, like DeMaster, routinely pay more property taxes than their counterparts in Southeast, Northeast and North Portland for similarly priced homes. East Portland residents often pay double, triple or four times as much.
82nd Avenue has long been considered an invisible dividing line, a psychological barrier that denotes less-desirable communities to the east. Now, new research by a suburban Portland fire district shows that 82nd Avenue is a demarcation line for property tax disparities as well.
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