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Democrats in the Oregon assembly are blame a hire ascendancy bill that would cap anniversary hire increases statewide to an anniversary amount of about 10 percent. (Sam Tenney/DJC)



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After declining to beforehand a hire ascendancy bill into law in 2017, Oregon Democrats are optimistic a favorable political mural will change the aftereffect in Salem this session.



With able majorities in both chambers, House and Senate leaders are affective aggressively on a host of action priorities.

“I anticipate it will be an activist session,” said John DiLorenzo, a lobbyist for More Apartment Now, a barter accumulation of all-embracing accommodation owners.



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A bill co-sponsored by Senate Majority Leader Ginny Burdick, Sen. Laurie Monnes Anderson and House Speaker Tina Kotek would cap anniversary hire increases at 7 percent additional inflation, angry to the Consumer Price Index’s West region. At accepted rates, that would absolute hire hikes to about 10 percent annually.

“We appetite to anticipate the affectionate of acute hire increases we’ve apparent throughout the accompaniment that advance to displacement and frequently, unfortunately, homelessness,” said Danny Moran, a agent for Kotek.

Senate Bill 608 would additionally assure tenants from boot afterwards cause, with some exceptions.

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The date was set for hire ascendancy by Shemia Fagan’s 2018 primary win over longtime bounden Sen. Rod Monroe, a freeholder who was broadly beheld as a roadblock for tenant-protection measures. Fagan now serves as administrator of the Senate Apartment Committee. She has adumbrated she intends to move bound on SB 608.

Political groups are still belief the 2,000-plus bills that were acquaint to the Legislature’s website advanced of the session’s alpha on Tuesday. 1000 Friends of Oregon, a Portland nonprofit that runs the pro-housing accumulation Portland For Everyone, has not taken a position on SB 608, Deputy Director Mary Kyle McCurdy said.

The bill would acceptable accept little aftereffect on large, institutional accommodation owners, DiLorenzo said.

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“If you’re a freeholder who’s alert to the market, you’re apparently not activity to be adopting rents 10 percent,” he said.

Rents in Portland accept counterbalanced afterwards aciculate increases in contempo years. Average rents slipped 0.2 percent in January compared to a year earlier, according to Accommodation List. Median rents for January were $1,120 for a one-bedroom apartment, and $1,320 for a two-bedroom. Statewide, rents fell 1.9 percent during the accomplished year, according to Accommodation List.

The hire ascendancy bill would best affect landlords who accept been leasing their backdrop at able-bodied beneath bazaar rates, DiLorenzo said, a bearings he characterized as “no acceptable accomplishment goes unpunished.”

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While some municipalities beyond the nation accept some anatomy of hire control, Oregon could be the aboriginal accompaniment to apparatus it. While ambience a statewide cap, the bill would leave in abode a statewide pre-emption on bounded hire ascendancy programs.

Economists accept been broadly analytical of hire control, adage such measures tend to abase apartment production. Democrats said the bill would accommodate a akin of stability, preventing alone above hire spikes.

Other accoutrement of SB 608 include:

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