Results for Think Out Loud (Other Results)
According to the latest numbers, Portland is no longer one of the tightest rental markets in the country. But with a 5.2 percent vacancy rate, it it can still be tough to find an affordable apartment or home for rent in Oregon's most populous city. The statewide rate — 6.1 percent — remains among the nation's lowest. The national average is 8.7 percent and only nine states reported lower vacancy rates than Oregon's in the fourth quarter of 2012. While a limited rental market can create opportunities for property owners, rising rental costs put a strain on renters, particularly if they are low-income.
One of the most economically depressed cities in Oregon is seeing jobs come back into town through the onion industry.
President Obama will hold a press conference today at noon. Topics will include Russian relations, Edward Snowden and the state of the economy. We'll have reactions to the speech with our News Roundtable immediately following the press conference.
Crowdfunding for businesses has caught on from coast to coast. Most crowdfunding projects rely solely upon donations, and offer donors a small gift in return. Now a new type of crowdfunding has begun to emerge, one where the incentive for investors is business equity. After the JOBS Act passed, the Securities Exchange Commission (SEC) was put in charge of writing the rules to regulate the new bill. The regulations could affect the laws involving crowdfunding. The SEC's rules were expected to be finalized by the end of 2012, but are currently still being drafted. The stalled rulings have left business owners and investors alike anxiously awaiting the final results. We'll talk with a securities lawyer about the possible rules the SEC is considering, and how they could affect the future of crowdfunding and venture capitalism. We'll also hear from two business owners, Jennifer Ferguson and Scott Schroeder, about their widely varying experiences with crowdfunding.
From explaining the principles of economy to making the case for imposing carbon taxes, Yoram Bauman has found that the best way to explain some complex ideas is through humor. Bauman says that for every fifteen minutes he's making people laugh, he wants to make sure he's also educating them for at least five minutes. When asked what happens if his audience doesn't laugh along with his economics lessons, Bauman says he tries not to take it personally.
A recent article in Oregon Business made waves in this state and around the country — and grabbed our attention as we were preparing for a trip to southern Oregon. The article looked at the economic effect of marijuana, tracing it from glassblowers to fertilizer makers to medical-marijuana-card recommenders. It painted a picture of an above-ground economic engine that has sprouted from (but not replaced) an underground trade. At the same time, both law enforcement and pro-pot activists have complaints about the gray areas in Oregon's current system. In fact, pot has been all over the news in the last few months. NPR explored many financial and legal questions in their multi-part series "The New Marijuana." Initiative efforts throughout the country aim to liberalize marijuana laws. And in Oregon, backers of Initiative 28 hope to put a measure before voters in November that would bring marijuana dispensaries to the state.
On February 12th an off-duty sergeant walked into the M & M Lounge and Restaurant in Gresham and shot and killed his wife, two of her friends, and, ultimately, himself. To my count this was the eighth murder-suicide in Oregon and Southwest Washington since November. At the same time the headlines are filled with other stories detailing domestic abuse. Oregon football player LaMichael James was arrested for grabbing his girlfriend around her neck and throwing her to the ground in a parking lot. An Oregon assistant attorney general, Susan Gerber, was accused of punching and strangling her longtime partner. And Milwaukie detective Thomas Garrett was accused of assault in the presence of children. Why are there so many cases of domestic violence in the news right now? Is it, in part, because of the economy? What is driving people to hurt others in this way? Local experts stress that more people do not abuse because of a bad economy. But they do admit that people who do abuse, or who have abusive tendencies, might be more inclined to violence when they lose their job or their money gets tight. Limited financial resources can also hinder people from leaving abusive situations. Abuse, therefore, can become more lethal when times are tough. Do you see that correlation? What's your response to the many stories of domestic violence in the news? How does the recession affect the way you, or your family members or friends, act? Are you a person who has suffered from abuse? Or who has a history of abusing? How have you seen the economy affect your actions?
As the weather gets warmer and the rain (hopefully) lets up, Oregonians are doing more food shopping outdoors at their local farmers' markets. But how local is the food? Many farmers sell their own crops along with those grown by others. This practice is condoned by some markets, with some guidelines about clear labeling. The rules vary, but many markets require that a certain percentage of a vendor's wares be fruits and vegetables they grew themselves. Some go so far as to say that everything a seller brings must be homegrown. One farmer we spoke with said he's disappointed that many of his fellow merchants don't follow the rules when it comes to selling food they haven't grown. He's gone so far as to stop selling wholesale altogether in order to keep from competing with his own harvest at the market. Another concern to many vendors is the Food Safety Modernization Act, which is working its way through Congress. (We talked about this last December, when there were still many specifics to be worked out.)
Results for OPB
The Rural Economy Project was designed as a partnership to help gather resources and meet the needs of workers and businesses in rural communities across Oregon. Hear from community bloggers and check out ripplenw.org for shared resources.
Technology | News | local | OPB News BlogApril 16, 2014 2:47 p.m.
Headlines for Wednesday, April 16: A Portland police officer shot early this morning, two teenage boys are suspected of dropping a cinder block over the I-5 overpass Sunday and a study says legalizing gay marriage would add $47.3 million to the Oregon economy.
Oregon's economy continues to expand at a somewhat above average pace, according to the University of Oregon's measure of activity.
News | Economy | local | OPB News BlogDec. 24, 2014 3:13 p.m.
Headlines for Wednesday, Dec. 24: The Oregon Liquefied Natural Gas terminal is suing the U.S. Army Corps of Engineers for access to build, the state's economy is considered healthy, at least two Portland movie theaters will screen "The Interview" on Christmas Day, and more.