Oregon on track to be 1st state with mandated rent controls

Source: AP | February 21, 2019 | ANDREW SELSKY

Faced with a housing shortage and skyrocketing rents, Oregon is on track to become the first state to impose mandatory rent controls, with a measure establishing tenant protections moving swiftly through the Legislature.

A House committee on Wednesday backed the measure, sending it to the full chamber for a vote as soon as next week. The Senate passed it last week, and Gov. Kate Brown has said she will endorse it.

“We’ve waited too long as it is, and there are too many people living in tents. It is an emergency,” said Rep. Tawna Sanchez, a Portland Democrat and member of the House Committee of Services and Housing that endorsed the legislation.

Lawmakers noted Oregon will be a pioneer in statewide rent control if the measure becomes law.

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  • Woodcutter #28014

    Am I the only one who took Economics 101 in college, where I learned that artificially holding down the price of something will generate shortages?

    They have a housing shortage and think that making it worse by holding down the prices is a good idea???

    Woodcutter #28015

    And I can’t believe that they are proud of being the pioneers of doing it!

    EVERYDAY #28021

    Ain’t socialism wonderful?

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