Oregon to become 1st state to impose rent control


SALEM, Ore. (AP) – Oregon is set to become the first state in the nation to impose mandatory rent control.
A measure passed the Democratically-controlled state House by a vote of 35 to 25 on Tuesday.  Landlords would only be allowed to raise rent a limited amount once per year under the bill, which previously passed the Senate.
Oregon is suffering from a severe housing crisis as tens of thousands are pouring into a state that’s considered one of the nation’s top moving destinations. Residents say that’s caused skyrocketing rent and they are in danger of losing their homes. They also say a lack of affordable housing prevents them from moving elsewhere.
The bill now heads to the governor, who has said she would sign it. The measure will take effect immediately.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Twitter News Widget

Trending Stories

Don't Miss

More Don't Miss