This state poised to be first to impose sweeping rent control

Oregon is poised to become the first state to implement statewide rent control. Lawmakers passed a measure that would impose limits across the state on how much landlords can raise rents, the New York Times reported. The legislation would limit increases to 7 percent annually plus the change in the Consumer Price Index, which measures inflation. Some newer and smaller buildings would be exempt, the report said. The move comes as states and cities across […]

source https://therealdeal.com/2019/02/28/this-state-poised-to-be-first-to-impose-sweeping-rent-control/