Oregon senators consider tightening rent control law
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3 Articles
Oregon lawmakers consider rent control bill amid double-digit rent increases
PORTLAND, Ore. (KOIN) – Lawmakers in Salem heard testimony on Monday regarding a bill that would change Oregon’s rent control law four years after it was passed. Lawmakers say SB 611 is in response to double-digit rent increases across the state that tenant advocates say are leading to homelessness. Landlord and property management groups are against the bill, saying because of the pandemic, the 2019 law hasn't had a chance to work. Meanwhile,…
As inflation hits, Oregon lawmakers consider more state rent control limits
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. At the time, landlords worried it would only be a matter of time before state lawmakers tried to further lower the cap. They were right. But what most people couldn’t have anticipated was the spike in inflation, which has allowed some landlords to increase rent by more than 14%.
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