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|Archives - September 2008|
|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.
Tuesday, August 19, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."
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.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
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.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
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|Massive drydock to arrive this weekend|
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|Tiny houses to serve as affordable housing|
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 William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.