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Saturday, May 18, 2024

Property management company expresses frustration over eviction moratorium extension

Credit: KDRV
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Property management company expresses frustration over eviction moratorium extension
Property management company expresses frustration over eviction moratorium extension

A six-month extension on Oregon's eviction moratorium is causing frustration among landlords and property management companies.

A six-month extension of oregon's residential eviction moratorium is leaving some medford property management companies frustrated.

Lawmakers set aside around 150-million dollars to pay landlords up to 80 percent of what they're owed by renters.

Those who accept will have to forgive the other 20 percent.

A medford property manager says this forces landlords to forfeit too much money.

"owners aren't as rich as all the tenants thinks they are.

That's, you know, that's a myth.

Um, and then it's the trickling down because then you look at us property managers or landlords that our income is based on the rent collected.

And we're not receiving rents.

So, guess what?

We're not getting paid either."

The bill extends the moratorium on evictions until

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