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.
Tap into January s Moments of 21s January 21 2021
Aziz Inan is a Donald P. Shiley School of Engineering professor at the University of Portland. His sons, Baris Ege Inan and Nihat Cem Inan, are UP alumni.
Thursday, Jan. 21, has an extra special moment driven by this century.
Specifically, this year is the 21st year of the 21st century and Jan. 21 is the 21st day of 2021, that is, the 21st day of the 21st year of the 21st century. On Jan. 21st, time 21:21:21 will mark the 21st second of the 21st minute of the 21st hour of the 21st day of the 21st year of the 21st century.