Speaking as the SO of a major property management company exec operating in Portland, no it wasn't a policy that benefits landlords. Not in the slightest. More competition and lower prices are a landlord's and developer's worst nightmare.
And yes, due to the scale of development, rents are lower than they expected when they built. Your prices were gonna go up regardless, and the scale of development that happened actually kept prices down.
And yes, due to the scale of development, rents are lower than they expected when they built. Your prices were gonna go up regardless, and the scale of development that happened actually kept prices down.