[Organic Panic]

Makes perfect sense. Oregon limits any and all construction through ridiculous “Urban Growth Boundary” limitations. BUT HEY! We can limit rent increases and increase housing by establishing rent controls.

[cgbg]

I remember an interview with a former mayor of NYC who was asked about rent control. He replied: "You have to understand--Manhattan is an island--there is no additional land."

Oregon's land use policies have turned their cities into islands surrounded by "no build" zones.

Rent control will be next.

Then Manhattan type rents for any new units will follow.