In early 2019 Common Ground OR/WA engaged the Northwest Economic Research Center (NERC) at Portland State University to conduct a study of the effects of land value taxation in two contrasting Portland communities. The NERC study clearly reveals inequities caused by the tax assessment limitation mandated by Measure 50 that have compounded over the past 22 years. Among the parcels analyzed in the Inner Northeast (INE), the maximum assessed value (MAV) is only 29 percent of real market value (RMV); in Outer Southeast (OSE), the MAV/RMV ratio is a higher 55 percent – closer to true market value. This means OSE properties that have grown in real value at a slower rate are subject to a higher effective tax rate ($12.17 per 1,000 MAV) under the current tax system than INE properties ($7.29 per 1,000 MAV). For example, a $500,000 home at maximum assessed value located in INE is subject to a property tax of about $4,700; an equivalent property located in OSE would experience a tax of about $6,000. Property owners in OSE are making up the difference for the below market-based tax levies owed by INE owners.