Oregon proposes housing reforms to combat affordability crisis

Oregon legislators have introduced housing proposals to tackle the state's affordability crisis, where many renters and homeowners spend over 30% of their income on housing. Key initiatives include limiting rent increases in manufactured home parks to inflation rates, reducing the statute of limitations for condo construction defect claims to six years, and addressing unfair holding deposit practices by requiring immediate refunds if leases are not finalized. Additionally, new cooling requirements for larger apartment complexes aim to enhance safety during extreme heat events.