The University of Oxford has raked in more millions from Blackstone Group CEO Stephen Schwarzman – one of the wealthiest individuals in the United States who’s known to whitewash his predatory business practices through charitable …
Charging Wildly Inflated Rents, Corporate Landlords Are Living Extravagant Lifestyles
Professional sports teams, massive luxury-car collections, 216-foot yachts, multi-million-dollar mansions. Corporate landlords, including billionaires Stephen Schwarzman (pictured above) and Sam Zell, are living extravagant lifestyles subsidized by tenants who spend huge chunks of their paychecks …
Billionaire Stephen Schwarzman, Fierce Opponent of Rent Control in California, Raked In $610.5 Mil in 2020
Billionaire Stephen Schwarzman, a fierce opponent of rent control, raked in an astounding $610.5 million from dividends and compensation last year, according to Reuters. Blackstone Group, the private equity firm co-founded and led by Schwarzman, …
Rent Control Movements Keep Gaining Momentum in U.S.
Since 2018, when Proposition 10 sought to expand rent control in California, rent control movements have only gained momentum throughout the United States. Most recently, local officials in California, Minnesota, and New Jersey have considered …
U.S. Renters Paid a Staggering $4.5 Trillion to Landlords, According to Zillow
A little more than a year ago, Zillow, the real estate site, came out with an eye-popping statistic: between 2010 and 2019, renters in the United States paid landlords a staggering $4.5 trillion. That’s not …
Never Forget the Corporate Landlords Who Want All Your Money
As we head deeper into 2021, renters in California and across the nation should never forget the small but powerful group of corporate landlords who shelled out a staggering $66.5 million to kill the expansion …
President Joe Biden Says Housing Is a Right. It’s a Game Changer.
With the recent unveiling of the COVID-19 relief package, the Biden Administration made a simple, yet extraordinary statement: housing is a right. That powerful concept can dramatically impact housing and homelessness policies for the better. …
Tangled Web: Gavin Newsom, Ace Smith, California Apartment Association, and the Billionaires Who Love Them
Billionaires Stephen Schwarzman and Sam Zell must love Gov. Gavin Newsom, political consultant Ace Smith, and the California Apartment Association right now. After all, Newsom, Smith, and the CAA were key players in killing two …
Big Real Estate Shells Out Staggering $86.2 Million to Kill California’s Prop 21
In its successful push to stop California’s Proposition 21, Big Real Estate shelled out a shocking $86.2 million to fund a statewide TV ad blitz that confused and tricked voters. The driving force behind the …
After Prop 21, A Statewide Coalition for Stronger Renter Protections Moves Forward
While Proposition 21 was defeated on Election Day, more than 340 housing justice groups, social justice organizations, labor unions, and political leaders enthusiastically endorsed the ballot measure. With the housing affordability and homelessness crises still …