Oregon Gov. Kate Brown (D) signed a bill into law on Thursday that creates mandatory, statewide rent control.
The bill makes it illegal for landlords to raise rent by more than 7 percent plus inflation each year and goes into effect immediately. This is the first statewide rent control law in the country.
“Every Oregonian should have access to housing choices that allow them and their families to thrive,” Brown tweeted with a video of her signing the bill into law. “Today I signed the country’s first statewide rent control bill, providing immediate relief to Oregonians struggling to keep up with rising rents.”
Every Oregonian should have access to housing choices that allow them and their families to thrive. Today I signed the country's first statewide rent control bill, providing immediate relief to Oregonians struggling to keep up with rising rents. pic.twitter.com/mRYBv1k2Ng
— Governor Kate Brown (@OregonGovBrown) February 28, 2019
……..
- Discussion
-
#BREAKING: Oregon becomes first state to have mandatory, statewide rent control https://t.co/pUJDOObyrI pic.twitter.com/Q0oOOAdM7S
— The Hill (@thehill) March 1, 2019
The willful ignorance of basic economics continues https://t.co/hBDObVAMz7
— Patrick Ruffini (@PatrickRuffini) March 3, 2019
Will they ever learn? Rent control is well and and fine for those already in these homes but it hurts future renters who will face a tighter supply of home to rent. https://t.co/iLViCejMrv
— Veronique de Rugy (@veroderugy) March 4, 2019
You must be logged in to reply to this topic.