Want to create an interactive transcript for this episode?
Podcast: Cascade CounterPoint
Episode: QP: Portland’s Self-Inflicted Rental Housing Shortage
Description: Full Text: According to a revised report from economic consulting firm ECONorthwest, Portland lost 14% of its single family rental houses between 2017 and 2020. That’s a decline of more than 1,300 rental homes per year.
This steep drop shouldn’t come as a surprise given the policies enacted by the Portland City Council in recent years, which have made it increasingly difficult for landlords to operate their rentals.
In early 2017, Portland passed an ordinance requiring landlords to pay up to $4,500 in a tenant’s relocation costs if the landlord decides not to renew a lease or raises rent m...