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Governmental Affairs
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What Our Lawyers Make Us Say |
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Every landlord invests in rental property for the purpose of making a reasonable return on their investment dollars. Sometimes that decision to invest in housing versus the stock market has been because of a class they took, sometimes it is property that has been transferred to them when a parent has died or is ill, other times it is a conscious investment.
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Government intervention and regulation is one of the causes of increases in rent. Regulations such as the recent Multnomah County income surtax will have the ultimate affect of raising rent. The Oregon Legislature, in their final days, passed increases in income taxes, unhooked the Oregon taxing system from the federal taxing system, thus raising more income for the statebut also will have an affect on rental housing costs. Excessive land use regulations and limitations have raised the costs of land, which ultimately has greatly impacted the cost per unit of newer apartment communities. The Multifamily Housing Council of Oregon works diligently to be involved at the national level, the state level and the local level. On the behalf of landlords we advocate for keeping rental housing an available and affordable housing source. The forum page and the newsletter are used to notify the industry when things are possibly going through the legislative system that will impact rental housing. This website will also be a means that rental property owners and managers around the state will be able to access information that is important to them and ultimately their tenants.
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