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Oregonian Article: No Relief For Most Oregon Tenants Under Rent Control Law, Portland State Economist Says

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By Elliot Njus | The Oregonian/OregonLive

 

Few renters will get any benefit from Oregon's first-of-its-kind rent control law in the next few years, a Portland State University report says.

The new law caps annual rent increases at 7% plus inflation, for a total of 10.3% this year. But the annual outlook report from Portland States's Northwest Economic Research Center says median rent growth has slowed to just 1.9% a year since 2016.

If we're concerned right now about affordable rents