Archive for March 2019
Rent Control Cannot Escape the Law of Supply and Demand
I came across this article just days after posting a blog post about the same topic. You can read it in it’s entirety here. Just one note, the author incorrectly states the rent control law only applies to landlords who have at least 4 units. This is a common misconception. Rent control applies to all…
Read MoreDoes Rent Control Mean it is Time to Cash-out of Oregon Real Estate?
Last week, Oregon Governor Kate Brown signed into law state-wide rent control. The law states in any 12-month period, a landlord cannot raise rent more than 7% plus consumer price index. For 2019, the rent control has been set at 10.3%. The law goes further to restrict no-cause termination for a very small set of…
Read MoreBest Practices for Landlording with Oregon Rent Control
As of February 28, 2019 rent control laws in Oregon have been enacted. Maybe you’ve read through the Senate Bill text, but find yourself more confused than when you started. We’ve tried to make an easy-to-understand summary of the changes, as listed below. Please keep in mind this is a summary and there are more…
Read MoreOregon Rent Control Law Changes in Plain English
You’ve no doubt heard about Governor Brown signing Senate Bill 608 which makes some pretty significant changes to landlord-tenant law. It is being called the first statewide rent control law in the country. And it is, but it isn’t the rent control that has landlords concerned as much as the restriction on no-cause eviction. Proponents…
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