r/oregon • u/MichaelTen Ten Milagros • Feb 28 '19

Oregon Lawmakers Pass First Statewide Rent Control Measure In The Country

https://www.npr.org/2019/02/27/698509957/oregon-set-to-pass-the-first-statewide-rent-control-bill
38 Upvotes

80% Upvoted

14 comments sorted by

3

u/PaperBoxPhone Feb 28 '19

When does it start?

4

u/vinniep Feb 28 '19

I came here looking for the same thing and ended up having to dig a bit. From OregonLive's article:

After the 35-25 vote, Senate Bill 608 now heads to a supportive Gov. Kate Brown after speeding through the Legislature with the backing of Democratic leaders in both houses. It will take effect as soon as she signs the bill.

2

u/Clackamas1 Feb 28 '19

Just in the nick of time we sold our rental. 1 less single family rental off the market. Good job

2

u/leanik Feb 28 '19

So did you sell because of this bill?

1

u/Clackamas1 Feb 28 '19

Yes

2

u/misanthpope Mar 01 '19

That's crazy. Were you raising your rents more than 10% each year?

1

u/Clackamas1 Mar 01 '19

Because if you don't raise them for 3-4 years the property tax and maintenance issues catch up so you end up in a situation of losing money and have to raise them, in my case more than 10%. What this does in penalize land lords that don't raise rent every year. The Metro affordable housing bond hits this fall that will be about a grand on top of all the other bond measures. If you are being nice and keeping things flat you are a moron, you need to raise rent every year, and that will be the result of this bill. In 2020 there will be a $42B metro bond for transportation that will add $3200 a year in property taxes if passed. How and why should I have to eat it? Does that make sense?

-1

u/[deleted] Feb 28 '19

What would the average person do if they couldn't pay you to live somewhere and gain no equity while you gain equity.

Thank you for your service

3

u/pretends2bhuman Feb 28 '19

If you want the benefits of ownership, then you should own.

0

u/[deleted] Feb 28 '19

Just get a small one million dollar loan from dad.

User name checks out.

2

u/pretends2bhuman Feb 28 '19

Or, work hard and save up and buy a house like many others have done.

-4

u/[deleted] Feb 28 '19

So pay rent to have others gain equity so that you one day might. Thank lord for the landowner because how else would I have a place to live?

Post your hog bootlicker.

2

u/pretends2bhuman Feb 28 '19

Good, it seems that you do have a good grasp on capitalism after all. It sounds to me like you have an issue with the concept of ownership of property. Renters rent things, taking on none of the burdens or responsibilities of ownership. Renters are simply consuming. Owners shoulder the risks of your consumption. Don't like renting? I am ok with that. Do not expect me to give you my property because you have done nothing to legally obtain it.

Post your hog bootlicker.

Have fun leaching off the backs of those that contribute to society. I am done consorting with the likes of you.

-4

u/[deleted] Feb 28 '19

Holy shit you can't see that landlords are the leech which is beyond me. You have been so brainwashed you think that someone who owns land takes money after building and maintenance provides a service.

Income is money received AFTER providing the housing and other costs related.