What are your thoughts on Oregons rent control and SB 608? Do you think it will help or harm Owners & Tenants?
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Unfortunately your question is beyond my area of expertise- I’m not a fan of regulations
Personally- if I owned a building that could command a higher rate I’ll charge a higher rate at the end of a lease - as business people we take financial risks with the hopes that we can achieve making more to invest in ourselfs and our businesses- controlling what one can charge kinda takes away the incentive to take that initial risk- doesn’t it?