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Mon Jan 21, 2019, 04:55 AM

Oregon lawmakers propose unorthodox approach to rent control

Oregon appears poised to impose statewide rent controls, a national first, and place new restrictions on evictions.

Itís the second time rent control has been teed up as a major decision for the Legislature. This time, however, Democratic leaders in the Oregon House and Senate have united around a single proposal, and thereís little sign members of the majority party will defect to oppose it.

Yet rent control remains controversial. A large body of academic research says strict rent control reduces the supply of rentals, pushing rents higher in the long run. Only four states have cities with rent control, and most states prohibit it.

And the approach proposed in Oregon is unorthodox, not only in its statewide approach but also in its generous allowance for rent increases. Thatís served to broaden its support but also has drawn misgivings from some renters and tenantsí rights activists.

Read more: https://www.oregonlive.com/politics/2019/01/oregon-lawmakers-propose-unusual-approach-to-rent-control.html

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