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Showing posts from March, 2019

Rental Services, Inc. 2019 March Newsletter

If you are not paying attention to what’s going on with your state legislature, it’s time to wake up and get in the game. Rent Control was passed in Oregon and there is already talk about expanding it across the nation. Colorado moves closer to passing rental application reform with HB19-1106 and will impact fees and possibly time frames for criminal record usage.
Recently the state of Oregon became the first in the country to implement a statewide rent control law. The new law prevents property owners from raising the annual rent more then 7%. Many groups are looking at this as a quick solution to provide affordable housing in markets all over the country.
Rent control is under serious consideration by law makers all over the United States. If rent control legislation is passed everywhere it is currently being discussed nearly 1/3 of the country’s rental housing would be impacted by rent control.
Advocates site California, Maryland, New York, New Jersey, and Washington DC, as providin…