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Oregon senators consider tightening rent control law

Posted on AllSides March 27th, 2023
From The Center

Oregon lawmakers this week will consider a bill that could dramatically rewrite the state’s rent control policies. Senate Bill 611 would limit annual rent increases to 3% plus inflation or 8% total, whichever is lower. The current law, passed in 2019, was the first of its kind in the nation, and limited rent hikes to 7% plus inflation. The bill was championed by tenants and renters’ rights organizations as historically high inflation drove the rent ceiling to 14.6% for 2023, a limit the groups say is unreasonable. It’s a sweeping...

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https://oregonlive.com/business/2023/03/oregon-senators-consider-tightening-rent-control-law.html

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