re: Oregon likely to become first state to enact state-wide control on rent

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A much better solution is to radically lax zoning laws so more homes/apartment complexes can be constructed.

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You would think increasing supply would reduce demand and therefore costs. But even in a city like Dallas with almost no restrictions on what can be built, housing costs are sky rocketing even though thousands of rental units have come on the market and more are being built. But rents keep going up yearly. A big part of the problem is old affordable houses and apartments are being torn down for the new stuff and the new stuff is all high end. So really, in many cities, a restriction on tearing down old stuff would help keep prices lower. But the capitalistic market dictates the highest and best use of a lot.