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 …
What Is a YIMBY? (Hint: It’s Not Good)
Maybe you’ve read an article about YIMBYs or heard a friend mention the term. Or maybe you saw something on Twitter, but still don’t understand what YIMBYs are. No problem. Here’s the lowdown. To start …
Housing Is A Human Right Opposes California’s SB 9 and SB 10
Housing Is A Human Right strongly opposes California State Senate bills 9 (SB 9) and 10 (SB 10). These wrong-headed policies will be a boon for developers, but ignore the long-term, negative impacts on working-class …
Homeownership Is a Crucial Tool for Communities of Color to Build Wealth. Politicians Should Never Take It Away.
In California and throughout the United States, politicians, the real estate industry, and YIMBY groups are attacking single-family home zoning. Yet these groups rarely, if ever, mention a key fact: homeownership is a crucial tool …
Harvard Study: Homeownership Builds Wealth for Communities of Color
In the ongoing debate over banning single-family home zoning and turning more people into renters, one major detail has been disturbingly overlooked: homeownership builds wealth for communities of color and low-income households. It’s a key …
Corporate Landlords Are Taking Over L.A. Will Politicians Do Anything About it?
A new, must-read report by Strategic Actions for a Just Economy has made one thing eye-poppingly clear: corporate landlords are taking over Los Angeles. With that, SAJE points out, L.A. renters are increasingly dealing with …
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 …
Will the Corporate Greed of Essex Property Trust CEO Mike Schall Destroy California?
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 …