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Oregon county, home to Portland, loses $1B+ as thousands flee during pandemic.

An Oregon County Loses Over $1 Billion in Income as ‌Residents‌ Flee Amid Homelessness and ⁤Crime Concerns

Multnomah County, home to Portland, has ‍experienced ⁤a significant loss‌ of income, ⁣surpassing $1‌ billion, as a result of a mass exodus of residents who are fed up with rampant homelessness and crime.

According to IRS data⁤ analyzed by The Oregonian/Oregon Live, ​from⁤ 2020⁣ to 2021,⁤ a ‍net⁤ total⁣ of 14,257‌ tax filers and their dependents left the ​county. Most of these departing residents,​ who ​had higher incomes, ​left in the aftermath of the ⁢pandemic.

“The real question⁤ is to what extent the ⁤pandemic era⁤ changes ⁢were ⁣temporary, or if they are permanent,”

said​ state ⁢economist Josh Lehner. “Unfortunately, that can’t be ​answered until we get the 2023 and 2024 data.”

The‌ data reveals⁣ that over one fifth of those who left⁤ Multnomah County relocated to the suburbs of Portland in nearby‌ Clackamas County. Others chose to move to⁤ states like Texas, South Carolina,‌ or Washington.

Portland residents have expressed their concerns about ⁣the escalating homelessness and ⁤crime‍ rates, which have increased ⁤by 50% from 2019 to 2022. ‍As a result, the city’s population has been steadily declining, making Portland one of the fastest shrinking cities ⁤in America.

“I want to‌ cry,”

said Christina Hartnett, ⁣a local ‌resident.

“I just want my ⁢house back. My⁤ lawn is now becoming a public bathroom.”

Larry May, ‌a‍ longtime resident, lamented the decline⁣ of tourism in Portland, stating,

“It’s like Portland died. The tourists haven’t come⁢ back like they used to‍ be.”

May also attributed the rise in crime to funding cuts for ​the ‌police ⁣department, expressing hope for ​its restoration:

“I hope they get it back up again because⁣ the crime is⁤ really bad,⁤ shootings. It’s not the Portland I knew.”

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In 2020, during violent protests against the police, Portland’s city council made ​the decision ‌to cut the ‌police department’s budget​ by⁢ $15 million. ‍Although the ⁤city has‍ attempted to reinstate funding, the results have been ⁢minimal.

Consequently, the Portland police department has experienced a significant loss ⁢of⁤ officers. While the city has hired more police since September, ⁢when it was short 100 cops, the department is still down approximately 80​ officers.



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