Oregon Realtors oppose Senate Bill 1095A impacting housing development fees

In a recent meeting of the Oregon Senate Committee on Finance and Revenue, discussions centered on Senate Bill 1095, which proposes new fees on vacant properties as a potential tool for cities to address housing shortages. The bill aims to generate revenue that could support housing development, but concerns were raised about its effectiveness and implications for property rights.

One key speaker highlighted that while the bill could provide cities with a mechanism to tackle housing issues, it may primarily focus on housing development without offering a clear understanding of the revenue it would generate. The speaker suggested that the bill might not yield significant funds compared to the high costs associated with developing housing in Oregon. They emphasized the need for a broader approach that includes both residential and commercial properties to stimulate economic growth and redevelop underutilized land.

Jeremy Rogers, representing Oregon Realtors, voiced strong opposition to the bill, arguing that it infringes on fundamental property rights. He stressed that property owners should have the freedom to use their properties as they see fit, without government mandates dictating their use or non-use. Rogers pointed out that existing laws already address issues related to property neglect and nuisance, making the proposed bill unnecessary.

The committee's discussions reflect ongoing challenges in Oregon's housing market, where the balance between encouraging development and protecting property rights remains a contentious issue. As the state grapples with a housing crisis, the outcomes of this bill and similar proposals will be closely watched by residents and stakeholders alike. The committee plans to continue exploring revenue tools to support housing initiatives, indicating that this conversation is far from over.