Rent control and no cause eviction in Portland Oregon?
I am interesting in how investors in Portland Oregon respond to Tina Kotek and Ted Wheeler proposal. Will you be selling and moving the investment outside of tri-county or even out of Oregon if these legislation got passed State wise? What would be the worst impact to the current investors and property value in Portland OR and how are we going to cope with it as an investor?
A short note of my background: I started a single family rental business in Portland OR in 2009, have done 2-times of 1031 exchange, and currently owning a property in Washington county.