Shownotes
Welcome to this week's episode of What's Happening Salem!
Jacob Espinoza sits down with Gabe Johansen of SMI Real Estate to discuss Salem's biggest challenges and opportunities. In this candid conversation, they explore:
- The current state of homelessness in Salem and what it takes to truly help those struggling with addiction
- Why Portland is now cleaner than Salem and what we can learn from it
- The business community's role in shaping Salem's future through groups like Businesses for Community
- How compassion and accountability must work together to create real change
- Current real estate trends: why it's a renter's market and what home buyers need to know
- The impact of Salem's challenges on property values and local businesses
- Why an abandon mindset matters more than ever in tough times
- Gabe's personal journey of 21+ years of sobriety and what it taught him about addiction recovery
Timestamps:
00:01 - Introduction and current season of life
00:37 - What's happening in Salem right now
03:20 - The homeless crisis and political will to solve it
06:59 - Learning from cities that have addressed similar problems
10:11 - Gabe's personal perspective on addiction and recovery (21+ years sober)
12:46 - The uncomfortable truth about helping addicts
17:02 - How homelessness affects property values and businesses
23:16 - The Businesses for Community initiative
26:12 - De-stigmatizing business owners and entrepreneurship
30:01 - Abundance vs. scarcity mindset in Salem
35:30 - Current real estate market trends: renters' and buyers' markets
39:18 - Commercial real estate and multifamily investment outlook
42:27 - Looking ahead to 2026 recovery