Is a 9.9% cap for rent increases in Oregon reasonable?
31%
Yes
69%
No
Government controlling the income/investment of private citizens. So dumb
Reply ReplyIs a one child cap allowance reasonable for a family in Oregon? Don't laugh.......this is how the ball starts to bounce, don't you know!!
Reply ReplyBusiness people do not invest in business's that have price controls on them.
Reply ReplyJust one more notch in the socialist agenda. They want to control everything and get rid of the free market.
Reply ReplyThe effect of the "unintended consequences" will weigh heavy on this sloppy legislation. End result will be higher rents and fewer rentals available. Good job...NOT!
Reply Reply9.9% is an outrageous increase for most working families. If the rent is 2000 per month, 9.9% is 198 per month. And if it's another 9.9 next year that would be 217 per month.
Reply ReplyTOO MUCH! almost 9.9% annually is allowing a maximum of 99% every ten years
Reply ReplyThat is a Hell of an Interest Rate underwritten by folks living paycheck to paycheck: $99 per $1000 in monthly rent. How does that factor with other reasonable and neccessary expenses? Total not part!
Reply Reply
Rents need to keep up with the housing market or single family home rentals will disappear.
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