Skip to main content

Oregon to Enact Statewide Rent Control

Feb 27, 2019
<div>Oregon is poised to make history as the first in the nation to offer a statewide rent control policy.</div>  <div>&nbsp;</div>  <div><a href="https://www.oregonlive.com/politics/2019/02/oregon-legislature-passes-nations-first-statewide-rent-control-p

Oregon is poised to make history as the first in the nation to offer a statewide rent control policy.
 
According to a report in The Oregonian, the Oregon House voted 35-25 on legislation that would cap annual rent increases to seven percent plus inflation throughout the state. The legislation exempts new construction for 15 years and subsidized rents, and landlords would be able to increase rents on their units without any cap if their renter tenants leave of their own accord. Gov. Kate Brown, a Democrat, is expected to sign the bill into law.
 
“This is not the rent control of yesteryear,” said Rep. Mark Meek, D-Clackamas County. “It’s a smart, innovative hybrid.”
 
The bill passed the House on a mostly party line vote, with three Democrats voting against it. Republican opposition to the bill argued that it would exacerbate the ongoing shortage of rental housing.
 
“With the growing cost of our property taxes, insurance and maintenance, the incentive to add rentals will decrease,” said Rep. Jack Zika, R-Redmond. “Why would anyone invest in a state if the Legislature is prone to tighten restrictions?”

 
 
About the author
Published
Feb 27, 2019
Fed Holds Rates Steady As Economic Growth Stays Solid

Move comes amid mounting pressure, frustration from President Trump

Guild Mortgage To Go Private In $1.3B Deal With Bayview Asset Management

Guild to remain independent post-acquisition, strengthening national retail and servicing strategy

Jun 18, 2025
Rocket Pro And Vetted VA Join Forces

What started as a Facebook group now educates 100K+ veterans monthly — Vetted VA and Rocket Pro working to bring ethics, clarity to a broken system

Jun 17, 2025
MBA Urges Shift To Single Credit Report Model, Citing Cost Savings And Efficiency

MBA says tri-merge credit checks cost lenders up to $100 per loan, doubling since pre-COVID, as industry pushes for a cheaper, single-report model

Jun 16, 2025
Fairway Acquires Hallmark Home Mortgage Through Asset Purchase

Hallmark to become new Fairway division, gets access to Fairway's Fairway's product portfolio, tech, and support resources

Jun 13, 2025
Trigger Leads Bill Clears Senate

Final push now left to House; reconciled bill needed next