Portland voters soundly reject proposal to amend rent control limits
The measure proposed that landlords would be able to increase rents as much as they desired after a voluntary vacancy.
Source: mainebiz.biz
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The measure proposed that landlords would be able to increase rents as much as they desired after a voluntary vacancy.
The proposal seeks to eliminate the current 5 percent cap on how much a landlord could increase rent after voluntary unit turnover.
The effort to place a landlord-friendly loophole in our current rent control ordinance – an ordinance passed overwhelmingly by city voters – must be rejected.
If passed, landlords will no longer have a 5% cap on rental increases after a tenant moves out