For Essex Property Trust CEO Mike Schall, it’s all about the money — no matter who gets hurt. Slamming seniors with huge rent increases and forcing them out of their homes is a standard way …
UPDATE: Top 10 Contributors That Oppose Rent Control in California
Big Real Estate continues to shell out major cash to political committees that oppose the Rental Affordability Act, the November ballot measure that expands rent control in California. Equity Residential and Essex Property Trust, two …
Corporate Landlords Behind Campaigns to Stop Rent Control in California
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 …
In California, Big Real Estate Spent $77.3 Million To Stop Rent Control
A Housing Is A Human Right investigation found that powerful, real estate players shelled out a whopping $77.3 million to stop Proposition 10 in California. They spent heavily to halt the grassroots effort to urgently …
Proposition 10 Election Results Show Key Victories for Broad Housing Coalition
Proposition 10 forced a robust public debate about access to affordable housing throughout California, galvanizing policymakers and advocates who are profoundly frustrated at the insidious acceleration of homelessness caused by persistent, excessive increases in rental …