Corporate landlords are financing two campaigns to stop the Rental Affordability Act, the November 2020 ballot measure that expands rent control in California. Concerned that rent control will impact the outsized profits they’ve gained by …
Corporate Landlords Spend Big Cash to Stop California’s Rent Control Movement
It’s only January, and Big Real Estate is already shelling out major cash to stop California’s rent control movement. According to state filings, corporate landlords such as Essex Property Trust and UDR have so far …