Does your landlord have to fix that leak? Should you be worried about that clause in your lease? If you live in one of the nearly 44.1 million renter households in the U.S., here's how to spot rental red flags, learn how to speak the language of landlords and how to decode a lease.
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Bates analysis of U.S. Census pulse data suggests some 89,000 families statewide owe back rent. An earlier PSU survey of 460 Oregonians extrapolated that more than a third of Oregon s renters and more than half of renters of color have skipped rent checks.
That money is coming due fast. While state lawmakers approved a new moratorium on evictions for nonpayment of rent in December, the partial ban ends June 30. Repayment is legally required by July 1.
Plugging that hole in landlords wallets could cost as much as $378 million, per a September report by financial advisory firm Stout. But if government stimulus money can t cover the gap, the strain to the social safety net will be far greater, the report concludes.
SALEM — A new report from Portland State University shows that an avalanche of looming evictions across Oregon could come with an eye-popping cost to society — $3.3 billion.