|| Print ||
|Monday, September 01, 2008|
The youngest boomers trail behind
Baby boomers are big news. Last year, the first boomer collected her first Social Security check. Many boomers are members of AARP and are forming a formidable voting bloc of “gray panthers.” Rich and retiring boomers have fueled Oregon’s condo building boom. The decline in their portfolios has been blamed for Oregon’s condo bust.
Not every boomer is retired, however. While the first boomers were basking in the Summer of Love, the last of the boomers were getting ready to enter kindergarten. When the military draft ended, the youngest boomer was 10 years old. Nearly a third of Oregon’s baby boomers are under 50 (about 284,000 people). They are earning more than they ever earned before. Many are also earning more than they ever will. On the other hand, they have yet to send their kids to college and have sizable home loans to pay off.
The average family income for a younger boomer with a college degree is more than $100,000. Curiously, Oregon’s college-educated boomers have family incomes that are approximately 18% lower than the U.S. average. The disparity is due in part to limited employment opportunities in high-paying jobs and lifestyle choices that trade leisure time for work. For example, many Oregon transplants have left the go-go rat races of New York and California to take up a lower-stress (and a lower-pay) lifestyle in the Northwest.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Thursday, June 26, 2014
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Taxis Uber Alles?|
|Powerlist: Staffing Firms|
|Zillow to acquire Trulia for $3.5B|
|Dollar Tree to buy Family Dollar|
|Facebook revenue surges 61%|
|Walmart unexpectedly fires CEO|
|GM profit declines 80%|
|Study: Dogs can feel jealousy|
|Boeing profit surges 52%|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.