Regional News

Rent Stabilization Bill Passes Legislature

(Salem, OR) -- Rent increases will be further limited under a rent stabilization bill that passed the Oregon Legislature. Currently, rent can increase at the rate of inflation plus 7 percent. Under this bill, rent will be capped at 10 percent. Landlords complained high inflation will force some of them to give up their rentals. Supporters say the bill will protect low-income tenants, especially those in under-represented communities.

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