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Oregon senators consider tightening rent control law

Summary by Ground News
In 2019, Oregon became the first in the nation with statewide rent control. The current law prohibits raising the rent by more than 7% per year, plus inflation. Senate Bill 611 would revise that to limit annual rent increases to 3% plus inflation or 8% total, whichever is lower.

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The Oregonian broke the news in Portland, United States on Monday, March 27, 2023.
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