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Rent Control Is Now The Law In Oregon
OPB.ORG ^ | 28 FEBRUARY 2019 | LAUREN DRAKE

Posted on 03/02/2019 7:20:49 PM PST by Extremely Extreme Extremist

Oregon is the first state in the nation with statewide rent control.

Gov. Kate Brown signed Senate Bill 608 into law Thursday. It takes effect immediately.

Brown called the legislation a groundbreaking, bold start.

“(This) will provide immediate relief to Oregonians struggling to keep up with rising rents and a tight rental market, but it doesn’t work on its own,” the governor said. “It’s going to take much more work to ensure that every Oregonian in our communities large and small have access to housing choices.”

(Excerpt) Read more at opb.org ...


TOPICS: Government; News/Current Events
KEYWORDS: katebrown; oregon
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Such as shame that basic economics is not taught anymore in public schools.

All that's going to happen is developers will bypass the market and existing units will crumble, or get reclassified as condos.

The homelessness is caused by NIMBYism from elites, subsidization from housing vouchers, and local/state zoning laws that prohibit where builders can build or what specifications they have to meet.

1 posted on 03/02/2019 7:20:49 PM PST by Extremely Extreme Extremist
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To: Extremely Extreme Extremist

Let them suffer.


2 posted on 03/02/2019 7:22:26 PM PST by ladyjane
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To: Extremely Extreme Extremist

No one needs to debate this.
Free housing for everyone is promised by Bernie and AOC, right? Like income guaranteed and health care guaranteed?

They didn’t lie to us, did they?


3 posted on 03/02/2019 7:24:18 PM PST by frank ballenger (End vote fraud,non-citizen voting & leftist media news censorship or we're finishid.)
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To: Extremely Extreme Extremist

Rent control in a tight rental market just means more rental housing will not be built, creating a downward spiral. This will not end well.


4 posted on 03/02/2019 7:24:21 PM PST by sparklite2 (Don't mind me. I'm just a contrarian.)
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To: Extremely Extreme Extremist

Plank #1 of the Communist Manifesto: Abolition of private property in land and application of all rents of land to public purpose.


5 posted on 03/02/2019 7:24:34 PM PST by E. Pluribus Unum (Capitalism produces EVERYTHING Socialists/Communists/Democratic-Socialists wish to "redistribute.")
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To: Extremely Extreme Extremist

Homelessness is going to skyrocket in Oregon as a result of this bill. Huge rent increases were handed out by many landlords the week before the bill was signed. Others will put their rental houses up for sale.

And they haven’t done a damn thing about the actual housing shortage like fix the zoning issues or reduce the permitting costs (which are huge in the cities with the biggest problems like Portland.


6 posted on 03/02/2019 7:25:43 PM PST by Valpal1
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To: Extremely Extreme Extremist

“Choices” in housing? Joking, aren’t they? Owners will soon be unable to maintain facilities, and rentals will become dumps.


7 posted on 03/02/2019 7:27:28 PM PST by John Leland 1789
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To: Extremely Extreme Extremist

How does that work in Pendleton?

Joseph?


8 posted on 03/02/2019 7:27:55 PM PST by Paladin2
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To: Extremely Extreme Extremist

Yes, but it will take years before they see the dilapidated properties that owners will refuse to keep up because it would be unprofitable to bother; and most of those to blame will be out of office.

Perhaps some large scale developments will be cancelled, and perhaps the housing market will cool, and maybe property tax income and property transaction tax revenues will start to fall sooner than that, which would be the warning signs for them to wake up.


9 posted on 03/02/2019 7:29:05 PM PST by monkeyshine
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To: Extremely Extreme Extremist
but it doesn’t work on its own,” the governor said. “It’s going to take much more work

Translation: We are going to be doing a LOT more to take control over your assets and business decisions and residential choices.

10 posted on 03/02/2019 7:29:26 PM PST by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: sparklite2

Statist idiots talk about ‘choice’ but price floors and caps will revent that very thing.


11 posted on 03/02/2019 7:30:12 PM PST by relictele
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To: Extremely Extreme Extremist

And we all know the outcome.
Belay that.

Conservatives all know the outcome.


12 posted on 03/02/2019 7:30:31 PM PST by Da Coyote
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To: Extremely Extreme Extremist

Yeah,Gov: when your people are struggling with a tight rental market, signing a bill that creates a disincentive to build rental housing is the perfect answer... unless you want the problem solved.


13 posted on 03/02/2019 7:30:58 PM PST by ArmstedFragg (So Long Obie)
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To: sparklite2
Rent control in a tight rental market just means more rental housing will not be built

It is so simple that only a politician can't understand it.

14 posted on 03/02/2019 7:31:28 PM PST by monkeyshine
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To: Extremely Extreme Extremist

Watch house prices decline as investors exit the rental market. Downward spiral of all things socialist.


15 posted on 03/02/2019 7:32:26 PM PST by sanjuanbob
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To: Extremely Extreme Extremist

I live in Oregon.
Kate Brown and her fellow goddamned libs who fled California to find refuge in Oregon are destroying this state with their unicorn fart chasing ideology.

She is Cumb Dunt of the first magnitude.


16 posted on 03/02/2019 7:32:29 PM PST by dadgum (Overjoyed to be the Pariah.)
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To: Valpal1

They need to stay away from Texas when they flee.


17 posted on 03/02/2019 7:34:20 PM PST by Rurudyne (Standup Philosopher)
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To: Extremely Extreme Extremist

Socialism defeating itself, as usual.


18 posted on 03/02/2019 7:35:47 PM PST by EagleUSA
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To: frank ballenger
No one needs to debate this.

Unfortunately, we do. Housing is not a Constitutional right. We cannot concede this issue to the Left because it'll have unintended consequences, like Obama and his Affirmative Living plan where he wanted to ghettoize the suburbs.

If rental units are high, why are there not developers trying to get into that market? Like SF, there should be developers lining up to build units. But they're not because of the zoning laws and other bone-headed decisions by city councils.

19 posted on 03/02/2019 7:37:58 PM PST by Extremely Extreme Extremist (Trust the plan of the 17th letter of the English alphabet!!)
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To: E. Pluribus Unum

The idea of “zoning” did not exist prior to Marxism

Zoning abolished private property

Property Taxes abolished private property

Rent control abolished private property

Welcome to Soviet Socialist States of America Comrade

Us Government Socialists took your property right from under your nose, we scared you into giving up your property rights, we told you it was for your own good or for the greater good for all of us. We stole your land without a single shot, heck we let you keep your little toy guns, for now.


20 posted on 03/02/2019 7:39:19 PM PST by Trump.Deplorable
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