Oregon's New Landlord-Tenant Laws and Why You Should Pay Attention to Them
According to the Oregon Center for Public Policy, half of Oregon renters pay more than 50 percent of their income toward rent. The Oregon Association of Realtors (OAR) believes the new law will actually force a reduction in the supply of affordable rental housing. Because newer construction is exemp...
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Published in | Probate and Property Vol. 33; no. 5; pp. 56 - 57 |
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Main Author | |
Format | Magazine Article Trade Publication Article |
Language | English |
Published |
Chicago
American Bar Association
01.09.2019
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Subjects | |
Online Access | Get full text |
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Summary: | According to the Oregon Center for Public Policy, half of Oregon renters pay more than 50 percent of their income toward rent. The Oregon Association of Realtors (OAR) believes the new law will actually force a reduction in the supply of affordable rental housing. Because newer construction is exempt from rent control, the OAR predicts that large landlords may demolish more affordable, and older, buildings in order to replace them with new market-rate units. Governor Brown has asked Oregon's housing agencies to monitor the rental market changes extensively for the next two years hnd rep ort the results back to har. [...]this year, only California, Matyland, New Jeosen, New Yook, and the AMERICAN BARASSOCIATION Real Property, Trust and Estate Law Section RPTE CLE On-Demand Programming on the go... is always in Session Visit www.ambar.org/ondemand Published in Probate & Property, Volume 33, No 5 © 2019 by the American Bar Association, Reproduced with permission. |
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ISSN: | 0164-0372 2163-0135 |