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Re: Oregon Rent Control and Oregon Rental Housing Asc. - Landlord Forum thread 359093

Re: Oregon Rent Control and Oregon Rental Housing Asc. by NVOR on February 21, 2019 @19:50

                              
As a long distance LL of a house in the Portland area and a house in Central Oregon, my eyes popped open reading your post [I am remiss in keeping a close eye on changing LL issues].

However, after looking into the Bill, I find it reasonable - even with the proposed discontinued "no-cause" eviction after one year. I agree with the OR Rental Housing Assoc in their statement " the measure protects good tenants while not encouraging landlords to leave the business and invest their money elsewhere."

I find capping at a 7% [plus inflation] increase a year absolutely generous & more than fair to the LL. And, after the tenant leaves you can increase to any amount.

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Re: Oregon Rent Control and Oregon Rental Housing Asc. by Kathleen on February 27, 2019 @20:33 [ Reply ]
The 7% + CPI is more than most landlords in Oregon have been increasing rents. The renter rights groups have already said it is too high the average increase is much lower, despite their pushing on this because of 40% - 100% or more increases they used in their testimony. I'm expecting that they try to reduce it next year. We will see.

What is really rather sad is that Portland pushed through their restrictions and it hasn't made things any more affordable or increased available units so now they are looking at even more things including a proposal to change screening criteria: https://www.portlandoregon.gov/phb/article/696420.

They are also requiring all rentals to be registered and then the Office of Revenue sends a demand for all tax returns since you owned the rental. There has also been talk and proposals to impose taxes on the landlords to cover programs to address the housing crisis.

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