Portland, Oregon annouces FREE rent; no evictions due to Virus!

[Todd Powell]

My properties are south of Portland, Or but today they announced that tenants cannot be evicted if they fail to pay rent in Multnomah County. Further, they are asking the Oregon Legislature to step in and mandate this state wide. I feel like they have not thought this through, as the evil landlords still have to pay their costs, including mortgages, ins, utilities, ins, etc.  Do not get me wrong, I realize this is unprecedented times, but don't you think they would give landlords the same relief? They are stating that the tenant would have up to 6 months to pay the entire rent, but realistically if they cannot pay the next month's rent how will they ever get fully caught up? I am not heartless, but I am 100% commission sales in my W2 and my income is dropping like the rock, and where is my relief? I will be fine here, but posing the questions if other states will follow, and also within the next couple years I planned on living on my RE cash flow. Down the road, what would I do if my state says you can live rent free with no security blankets for the landlords? This seems to be pretty unreal times folks. Your thoughts?