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There used to be a website in Canada called "Mansion or Crack Shack?" You browsed pictures of properties in Vancouver that were either properties that had recently sold for over $1 million Canadian, or crack houses that had been raided by the police. It was virtually impossible to tell them apart.
Real estate speculators. A lot of real estate bought by Chinese as investments are sitting empty. That, or it was rented since then, or listed to rent, but too expensive for anyone to sign a lease.
Actually, it just occured to me that may be the plan anyway. Let pantryfa "use" it. Confrontation with the popo and feds, It gets burned down a la the SLA in 1973, and the owners collect on insurance.
Might be worth more to burn it down collect insurance and sell it to a developer to build a condo 4plex on it.
That's the latest thing in the area with real estate developers. The 100 year old houses are on lots that can be used to build cute little Army Barracks 4plex's for millennial's to buy at 600k each.
I lived in a downtrodden area of one of the expensive, coastal Dem run cities for years. It was being gentrified and one by one the sweet old buildings were bought up, and usually sat vacant for years before being torn down and turned into luxury condos.
The properties were usually bought by out of town LLCs for development, so no one was looking after them and there's an enormous community of anarchist squatters in the city that move into the vacant buildings until they're turfed out - which generally doesn't happen until right before the building's demolition is being planned.
There was a squat across the street from me for several months, and I'd say that property was worth at minimum 500-700k. It was just an ordinary house that had seen better days; the value was just the location. It's all luxury housing on that lot now.
Antifa probably had their girlfriends or family without sketchy backgrounds apply for the lease. I am sure it is nearly impossible to get bad tenants out in Portland. That's pretty damn cheap for Portland.
In Portland that is cheap. Not kidding.
Portlander here. Can confirm.
There used to be a website in Canada called "Mansion or Crack Shack?" You browsed pictures of properties in Vancouver that were either properties that had recently sold for over $1 million Canadian, or crack houses that had been raided by the police. It was virtually impossible to tell them apart.
Soros
Real estate speculators. A lot of real estate bought by Chinese as investments are sitting empty. That, or it was rented since then, or listed to rent, but too expensive for anyone to sign a lease.
Hope they have fire insurance.
Actually, it just occured to me that may be the plan anyway. Let pantryfa "use" it. Confrontation with the popo and feds, It gets burned down a la the SLA in 1973, and the owners collect on insurance.
Might be worth more to burn it down collect insurance and sell it to a developer to build a condo 4plex on it.
That's the latest thing in the area with real estate developers. The 100 year old houses are on lots that can be used to build cute little Army Barracks 4plex's for millennial's to buy at 600k each.
The antifa narrative an indigenous family lives here and has owned the property for decades. Public records have determined that is a lie.
I lived in a downtrodden area of one of the expensive, coastal Dem run cities for years. It was being gentrified and one by one the sweet old buildings were bought up, and usually sat vacant for years before being torn down and turned into luxury condos.
The properties were usually bought by out of town LLCs for development, so no one was looking after them and there's an enormous community of anarchist squatters in the city that move into the vacant buildings until they're turfed out - which generally doesn't happen until right before the building's demolition is being planned.
There was a squat across the street from me for several months, and I'd say that property was worth at minimum 500-700k. It was just an ordinary house that had seen better days; the value was just the location. It's all luxury housing on that lot now.
I'm sure the same thing goes on in Portland, too.
Antifa probably had their girlfriends or family without sketchy backgrounds apply for the lease. I am sure it is nearly impossible to get bad tenants out in Portland. That's pretty damn cheap for Portland.
There are ways to track who bought it.
That's probably the reason why the police had to visit. Someone got a good deal and wants them the fuck out
Muh'fuckin' wealthy people with like 6 houses. Probably choosing to stay away from this one because Portland smells like shit.
Chyna
Should be able to find the public records easily enough.
Urban Housing Development LLC mailing address PO BOX 11930 PORTLAND, OR 97211-0930
Rain City Capital LLC listed as the direct and Urban as the indirect. Dang this house was built in 1896.
Well I'm pretty sure there's a public transaction record somewhere
Plenty of web hits - someone "bought" it - i.e. got a loan - didn't pay anything back, got evicted
Yeah, inside of the house . They are taking over the whole damn street.