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Rent Control and a possible rationing of state mortgage deduction

The Oregon Legislature, scrounging to find revenues to help bridge the budget gap worsened by the PERS debacle, is focusing on a bill that would jack-up the cost of owning a home for all those making an income over a certain amount. Another bill aimed at rental housing would give local cities and counties the power to enact limits on rent increases on existing rental properties.

Here’s a couple of complicated stories that focus on more and more Oregon familys’ bottom lines. Click here.

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