With the rental market finally on the mend, the politicians in Salem are trying to purchase more votes by promising an utopia to tenants. The inventory of available rental is at an all time low. This in turn is putting pressure on existing inventory. With supply short and demand high, rental rates are on the rise. This is good for everyone, as some landlords have dug to the bottom of their savings since the beginning of the recession/depression and cannot dig any deeper. Tenants can now see improved living conditions and a landlord that may be in a better mood. If the red tape and local governments were amiable to development, new housing would spring up and prices would balance back out. This problem exists because we often forget that government has no wealth of its own and cannot give us anything that it did not take from us first. I urge you to call your congressman and tell them to vote “no” on any new landlord tenant laws. Here is a link to their website and a link to the bill.
By: Ed Waggoner