“So What? Everything Is Subsidized.”

Beaverton Round, a transit-oriented development in a Portland suburb, is going bankrupt — again — for the third time. It has already received more than $10 million in subsidies, and some people want to give it even more.

The Beaverton Round. Photo by John Charles.

“All residential construction is subsidized,” says Portland planner Carl Hosticka. So he sees nothing wrong with throwing more good money after bad.

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