Portland residents may face referendum to permit bigger lease will increase

Portland residents may very well be confronted with one other referendum referring to rental prices within the subsequent yr.

The proposed referendum would permit landlords to set new rental charges as excessive as they select after a tenant voluntarily leaves a residence, based on the Portland Press Herald.

Underneath Portland’s lease management referendum handed in November 2022, landlords can solely increase the lease of a unit by 5 p.c as soon as it’s voluntarily vacated by a tenant.