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Fair Housing Advocates Applaud Oregon's Historic Rent Control Law—But Vow to Fight for Even Better Protections

#1

Fair Housing Advocates Applaud Oregon's Historic Rent Control Law—But Vow to Fight for Even Better Protections

Julia Conley, staff writer

Oregon's new rent control law, described as both "unprecedented" and "historic," will help to combat the most unjust actions of landlords across the state—but fair housing advocates said Friday that while progress is welcome, the job is far from done.

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#2

Kind of a joke-----the law allows a yearly 7% increase. And just think that social security only allows something like 2% if that.

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#3

The two are not comparable.
This law, S.B. 608, permits a yearly 7% increase on top of inflation. So currently “the yearly limit [is] expected to work out to nine to 12 percent.” That is the max. Actual rents could go up by less than that, if a local economy goes into the dumper. Such as the aluminum smelter in The Dalles going out of business.

Social Security gets an increase = last year’s inflation, and not a cent or basis point more than that.

The rent increase limit allows some flexibility on the upward side to allow for economic differences between places. For example, if Amazon located an HQ3 in Portland rents would go up, until building new housing catches up with the demand. (Presuming that Portland allows new housing to be built…)

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#4

I am not an expert on rent control–but being able to raise the rent every year by 12% does not sound like a good deal for the renter.

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#5

There is a resemblance between rent-control, and anti-gouging laws applied during natural disasters. In both cases the demand X is notably > the supply Y, and the demanders revolt against paying higher prices to obtain any of the supply Y. Price controls are imposed, and people are then left with trying to find non-money ways to allocate scarce supply of Y to the demand, and to bring in more supply.

So far I haven’t heard anyone in Portland OR willing to go as far as the Bolsheviks following WWI, as depicted in such works as ‘Dr. Zhivago’, and seizing the mansions of Phil Knight and other Portland 1%ers, and subdividing them into apartment space to house the homeless and people who can’t find affordable housing…

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#6

…There is a 20-30% vacancy rate in the US. That’s mostly rich fucks not sharing the wealth because they have no idea of what the “Commons” actually are, or don’t believe they should exist. They’re societal SLUGS and should be made to pay more…Why should we have to struggle when there is actually enough to go around if rich shits wouldn’t hoard (money)…That’s what they are you know…Hoarders!!..like poor folks with stacks of newspapers and tin cans, only they have stacks of cash, ill gotten cash…they inherit, and they don’t work, they mostly pontificate about how poor people suck…and keep them from making even more money…

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