M—1988 People of color move in and PDX banks slow down on lending here. In Albina, loans are even harder to find and interest rates are up to 10x higher. In 1988, PDX banks make only nine mortgage loans in the district from Irvington to Woodlawn. Skinhead gangs are on the rise, with over 300 Neo-Nazis in PDX. On November 13, three skinheads murder Ethiopian immigrant Mulugeta Seraw outside his Laurelhurst home ten miles from here.
