The New York Times: Oregon to become first state to impose statewide rent control
The New York Times, February 26th, 2019: The New York Times: Oregon to become first state to impose statewide rent control
Oregon is poised to become the first state in the nation to impose statewide limits on how much landlords can raise rents after state lawmakers passed a sweeping measure on Tuesday.
The legislation would generally limit rent increases to 7 percent annually plus the change in the Consumer Price Index, a measure of inflation. Some smaller and newer apartment buildings would be exempt.
The Democrat-controlled House of Representatives passed the bill by a vote of 35 to 25, largely along party lines. It had already been approved by the State Senate, and Gov. Kate Brown, a Democrat, plans to sign the bill, a spokeswoman said Tuesday.