Portland landlords now required to pay relocation expenses of tenants

[Bushman]

Unreal. As a landlord myself, if I had to pay the relocation costs of each of my tenants, I'd sell and never look back. Another policy destined to fail. More landlords will get out of the business thus driving rents up as the supply of rentals dwindles. So the city is effectively making things WORSE for tenants and landlords. Can't wait until this comes to Seattle. Then again, I don't own in Seattle city limits for a reason....

Portland Landlords Must Now Pay Relocation Costs of Tenants Who Can't Afford Rent Increases. Should Landlords Nationwide Be Worried?

Many tenants are struggling to pay their rent during the coronavirus crisis -- and that's without having to worry about that expense going up. One city is aiming to protect tenants from rent hikes during these troubling times. In Portland, Oregon, a new ruling states landlords must now pay...

www.yahoo.com

Read More

 

[kmk1012]

I cannot believe what's been going on in potland and orygone this year. This is ridiculous and crazy.

 

[Alexx1401]

People get tired of hearing it but, this is again the voters getting what they asked for. It will of course fail. When it does the people who came up with this idea will blame people who are not in power. If all goes according to past history, the voters will put the people who made the mess back in power to "fix it".

 

[Paolung]

I'm about ready to leave this leftist hellhole.
It's a beautiful place being ruined by idiots and bad policies.
/rant off

 

[Oregonhunter5]

I'm about ready to leave this leftist hellhole.
It's a beautiful place being ruined by idiots and bad policies.
/rant off

I'm guessing people say the same about Hawaii. Beautiful but jacked up. I think there's a lot of people in Yuma that can take ugly for better politics. Idaho isn't the garden of eden.

 

[CountryGent]

I wish I could say I'm surprised, but I'm not.

 

[Bushman]

I'm guessing people say the same about Hawaii. Beautiful but jacked up. I think there's a lot of people in Yuma that can take ugly for better politics. Idaho isn't the garden of eden.

Pretty much everywhere is getting bad. They leave California and NY then spread out.

It's like if you have freedom, guns or money, you're a target for their socialist agenda.

 

[Oregonhunter5]

Pretty much everywhere is getting bad. They leave California and NY then spread out.

It's like if you have freedom, guns or money, you're a target for their socialist agenda.

And we keep taking it laying down. Our faults I feel.

 

[PaulB47]

It's not Californians. It's the very structure of governance. All of the actors in this play feel they are Doing Good. Jefferson commented on this:

"The natural progress of things is for liberty to yield and government to gain ground."

That is why he wanted a revolution every so often. Here is a little article I wrote, "Why Renters Are Screwed"

Why Renters Are Screwed | Strike-The-Root: A Journal Of Liberty

 

[bbbass]

20yrs ago I was a member of the local Rental Owners Association when our paid statewide lobbyist fought Portland about their wanting to pass a law that landlords could not consider income as a qualifier for renting, nor could landlords evict tenants for not paying rent.

Now here we are with covid the excuse for enacting rules that prohibit eviction or make the landlord pay relocation. The schithole that is Portland is a mecca for craziness of all kinds.

 

[Bushman]

20yrs ago I was a member of the local Rental Owners Association when our paid statewide lobbyist fought Portland about their wanting to pass a law that landlords could not consider income as a qualifier for renting, nor could landlords evict tenants for not paying rent.

Now here we are with covid the excuse for enacting rules that prohibit eviction or make the landlord pay relocation. The schithole that is Portland is a mecca for craziness of all kinds.

Gotta love it when they expect you to provide a 600-800k house to live in for free. Forced charity. I just started to look to add 4 to 5 more to my portfolio. Now I'm rethinking it or considering Florida...

 

[Bushman]

Reminds me of when France taxed the rich at 70% and they left. Now they want them back and are promising a much lower flat tax.

France wants back its rich people

France wants back its rich people The new French government, led by President Emmanuel Macron, announced a tax strategy which aims to significantly reduce the tax rates in the country by 2022. The new programme promises to reduce country’s financial deficit, improve its competitive environment...

nomoretax.eu

Do these idiots really think wealthy people bust a$$ to pay everyone else's way and have most of their money taken from them? Oh gosh, I spent 6 years in college to get a BSBA and MBA, 20 years to build a career and 16 technical certifications so I can pay for section 8 with free food, heat, phones and health care to live in the same neighborhood as me as I work all day and they drink beer on the front law and BBQ....

I'd leave in a heartbeat and figure out a way to avoid an exit tax.

 

[bbbass]

Gotta love it when they expect you to provide a 600-800k house to live in for free. Forced charity. I just started to look to add 4 to 5 more to my portfolio. Now I'm rethinking it or considering Florida...

I got out of residential housing rentals by 2001... just couldn't take dealing with jerks anymore. But my last bozz stayed in with cheapo rentals in a college town and despite high turnover (and headaches) he has lots of disposable income. (Paid off those places, now it's all gravy... that was my plan but... )

Welcome to the modern world of social and economic justice, meaning no responsibility and lots of free schit. No bail, no jail, no need to prepare to earn a good living... somebody else's problem, people will be taken care off. Soak the rich, make them pay, they have an unfair advantage. Know what, I was making min wage when I bought my first fixer upper. I had rentals when I was making E3 money in the USCG. Want it? WORK FOR IT!!!

The economy will collapse and society will collapse if they are allowed to penalize people for being successful... and place the burden of those that won't do for themselves onto the backs of those that will... it won't work. Dumbazzes!!!

 

[Bushman]

I got out of residential housing rentals by 2001... just couldn't take dealing with jerks anymore. But my last bozz stayed in with cheapo rentals in a college town and despite high turnover (and headaches) he has lots of disposable income. (Paid off those places, now it's all gravy... that was my plan but... )

Welcome to the modern world of social and economic justice, meaning no responsibility and lots of free schit. No bail, no jail, no need to prepare to earn a good living... somebody else's problem, people will be taken care off. Soak the rich, make them pay, they have an unfair advantage. Know what, I was making min wage when I bought my first fixer upper. I had rentals when I was making E3 money in the USCG. Want it? WORK FOR IT!!!

The economy will collapse and society will collapse if they are allowed to penalize people for being successful... and place the burden of those that won't do for themselves onto the backs of those that will... it won't work. Dumbazzes!!!

Yep. I had every disadvantage you can think of growing up. I had to work for EVERYTHING. I came from the poorest of the poor families and the list of disadvantages could fill a book. But I made something of myself...only to see it threatened by politicians who cater to the 95% who are lazy and dumb, because you can't win an election catering to the 5% that pay more in taxes than the 95% combined...

 

[ma96782]

I'm not really all that surprised. The trend against investment(s) in real-estate and landlords has been foreseen for a long time (at least by me).

But what do/would I know?

I've never tried it. It's just not for some (read as: ME).

Aloha, Mark

PS.....Good luck if you have real-estate and are doing the landlord thing.

 

[ma96782]

Yep. I had every disadvantage you can think of growing up. I had to work for EVERYTHING. I came from the poorest of the poor families and the list of disadvantages could fill a book. But I made something of myself...only to see it threatened by politicians who cater to the 95% who are lazy and dumb, because you can't win an election catering to the 5% that pay more in taxes than the 95% combined...

And.....I suspect that the next "great move" will be to ERASE/FORGIVE the college debt of those who still have some.

Aloha, Mark

 

[Bushman]

And.....I suspect that the next "great move" will be to ERASE/FORGIVE the college debt of those who still have some.

Aloha, Mark

Yup. Meanwhile I paid back my undergraduate loans with interest and paid cash for grad school.

Funny how personal responsibility and hard/smart work is no longer valued unless it's to redistribute the spoils of your extra efforts.

Could have gotten 20 chicks pregnant in my twenties and gone partying every weekend. Instead I left my apartment at the time at 6 AM and got home at 11 most nights with work and class being my all day long activity (class after work) and homework on the weekends. But don't worry, they will redistribute it at gun point to everyone who got knocked up with 9 kids and works at Subway....

I really hate socialism and these gun control nuts. What happened to America????

 

[nwslopoke]

I'm not a business owner and obviously, neither are the majority of these LOCAL town/city council members. Making up ordinances and laws like a 7 yo. They never are called out in their failures and there are never reimbursements for your losses.

I'm still mulling over the current group on the ballot. Luckily I don't live in Portland.

 

[Kruel J]

This is socialism, the agenda keeps gaining traction. Complete and utter BS.

 

[BBQ Guy]

I had dreams of keeping this house after it was paid for and renting it. Generating a modest amount of money to help with retirement when those days arrive. Not going to do it in the current climate.
We are currently looking at other places to live that reward hard work and are deserving of our presence. If that means a little old cabin in the middle of BFE, so be it. I am done with modern society and the socialist turnover of our nation.