I think we need to keep blaming the landlords and introduce additional rent control legislation to fix the issue. 

Just something to keep in mind, this is still a proposed settlement, yet to be finalized and approved by the DOJ.

I also really like the 28212 zip code for more of a long-term play on appreciation, with the proposed light rail line hopefully coming in the next 10 or so years.

I urge you to champion legislation that addresses these critical issues.

The renovation will convert a row single family home into 3 family home ( the layout is already there ):- the first flow will be 1 bed, 1 bath- the second floor will be 2b, 1bath- the basement.If those 3 rents, I can easily have $1800-$2000 in gross rent per month.So any creative financial idea I can propose to him?

Hey Steve,First time hearing about that and it sounds amazing, I'm going to do some research and propose that as an option as well.

TheOregon Department of Land Conservation and Development(DLCD) is issuing this guidance and model code language to helplocal governments comply with the legislation.

I mentioned it only as one of the interests of the owner / children that I would have to address for a proposed sale.I could benefit from it (I believe) if I offered some type of lease option.

They can guide you through any complexity in the tax legislation and offer tailored guidance depending on your particular circumstances.Good luck!

It a hidden way that taxes are increased with no new legislation.