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

Posted on 1/26/19 at 3:21 am to
Posted by jfturner212
1176 Bob Pettit Boulevard
Member since Nov 2004
5487 posts
Posted on 1/26/19 at 3:21 am to
This killed a bunch of development money. Easier to invest in Seattle or Denver now. Not a good deal for Oregon.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
66237 posts
Posted on 1/26/19 at 3:32 am to

Really seems like if that is true it would also open the market for developers. Might be naive but building w a low psf mindset, someone would take advantage of just above mean rent on a lean blueprint. Take equity as quickly as possible. Denver is very expensive today (cousin is a major mortgage lending co owner in Colorado... Kind of jealous of him).
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