Quote:
Originally Posted by gamefreakgc
Man, it's the whole west coast. I was up in Seattle in the used-to-be nice downtown area near Pike's Place. Half the shops were boarded up around and people were drunk and high all over the place. Apparently Portland is so bad that major retailers are leaving the city citing too much crime and their employees are put at risk just by doing their job.
Washington state home prices are down -7% year over year while the rest of the country is going up. It's only a matter of time until other larger coast cities like Portland, San Francisco and then eventually all the way down to LA and the surrounding cities start to drop too. Salesforce tower, the largest skyscraper and office building in SF, is at 20% occupancy. 80% of businesses have already moved out. Crazy to think that in perhaps 10 more years SF will be in decline and downtown not like it is today.
These cities won't collapse in some sort of apocalyptical fashion, they will just be tourist traps and full of memories of 'the good 'ol days' with no plan on bringing them back. On the flipside, Sacramento is growing faster that it ever has before. Come bring your $1.5m of equity and buy a nice home in Folsom in cash and enjoy world class hiking, skiiing and off-roading right on your doorstep!
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Yeah, I heard the sole REI store in Portland is closing down because of theft. What a said state of affairs. Law and order needs to reestablished and honest hard working people should get at least equal consideration to the bums who offer nothing back to society. Things are so upside down right now. These liberal progressive cities are shooting themselves in the foot, and it sure seems they don't give a shit. Their tax base is going down the toilet and they keep operating the same way. You'd think they'd wake up when they see business after business closing down and relocating somewhere else where they actually are valued and protected. West Coast states are going to continue declining until the voter base pulls their heads out of their asses and realizes the morons they keep electing aren't governing like they should. The derelicts in society should not be put ahead of the hard working and honest people in society who give back to the society they live in. Even if it's just paying your taxes, you're doing a hell of a lot more than the drug addict shooting heroin on the street corner, and dropping their drawers and taking a big steaming dump on the public sidewalk. I really detest that our beautiful state of California is turning into a complete and utter shit hole.
