How Rent Control Is Reshaping Multifamily Investment

In this episode, Lucas and Luna dive into the surprising economics of rent control as of mid-2026. They focus on Oregon's statewide rent cap — the first in the U.S. — and how it has reshaped development patterns, property valuations, and investor behavior since its passage in 2019. Lucas breaks down the numbers: a 7 percent annual cap plus inflation, and how that has slowed new construction in Portland by roughly 15 percent relative to comparable metros. Luna pushes back with data from New Jersey's rent-controlled towns, where property values actually appreciated faster than non-controlled neighbors during the 2020-2025 cycle. They explore the 'rent control paradox': caps reduce landlord revenue but can also reduce volatility, attracting certain institutional capital. The episode closes with a look at the wave of state-level preemption laws and what they mean for the future of multifamily investing. #RentControl #MultifamilyInvesting #Oregon #Portland #NewJersey #RentalHousing #LandlordTenantLaw #HousingPolicy #RealEstateInvesting #PropertyValuation #Development #InstitutionalCapital #HousingCrisis #StatePreemption #FexingoBusiness #BusinessPodcast #RealEstate #CommercialRealEstate Keep every episode free: buymeacoffee.com/fexingo