In another swipe at the rights of property owners comes HB 2001, sponsored by House Speaker Tina Kotek:
Repeals statewide prohibition on city and county ordinances regulating rents. Permits city or county to adopt rent stabilization program with certain restrictions. Imposes moratorium on rent increases greater than five percent for residential tenancies, with exceptions. Sunsets moratorium on July 1, 2018. Declares emergency, effective on passage.
In plain English: Lets cities and counties impose rent control, prohibits increases in rent greater than 5% unless a “substantial” renovation of the property is already in progress or the increase is necessary to fund necessary repairs to address issues of health and safety or of habitability (the developers loophole), sunsets on 7/1/18 (If you believe it won’t be reauthorized, I’ve got a bridge to sell you), and declares emergency on passage (the declaration of an emergency prevents citizens from using the initiative process to repeal).
Count this one as passed. We have single party rule in Oregon, and what Tina wants, Tina gets.