WebSep 13, 2024 · The Oregon Legislature imposed a statewide rent control policy in 2024, the first state in the nation to do so. The law capped rent hikes at 7% plus inflation during any … WebApr 24, 2024 · April 24, 2024 01:00 PM. TRD Staff. Portland, Oregon (iStock) In 2024, Portland passed rent control. In 2024, the Oregon state legislature added statewide caps on rent hikes and evictions. Now, a ...

Portland voters to consider rent control changes, ban on renters ...

WebOF RENT CONTROL Oregon’s debate over rent control in 2024 inspired visceral reactions from those who both support and oppose the policy. The resurgence of the rent control discussion results from the widely-accepted belief that America’s cities face an overall housing shortage, which has led to an affordability crisis. Large numbers of both WebPer SB 608 (2024) , the Oregon Office of Economic Analysis is responsible for calculating and publishing, by September 30 of each year, the maximum annual rent increase percentage allowed by statute (ORS 90.323 or ORS 90.600 ) for the following calendar year.Per SB 608, OEA calculates this amount as 7% plus the Consumer Price Index for All … richard w watson

Rent hikes capped at 14.6% for most Oregonians next …

WebJan 6, 2024 · News Release, The Oregon Supreme Court ruled that the City of Portland Ordinance 188829, known as “Mandatory Renter Relocation Assistance,” is not in violation … WebOregon now has rent control that limits rent increases for existing tenants. Rent cannot be increased during any 12-month period above the existing rent in an amount greater than 7% plus the consumer price index from the previous calendar year. ... Rental units located within the city limits of Portland are also subject to rent limitations ... redner\u0027s shillington pa