Big Real Estate keeps pumping millions into campaigns that oppose Proposition 21, the November ballot measure that expands rent control in California. And in June, a new No on 21 committee was established, adding up …
Is Billionaire Landlord Sam Zell the Quintessential Corporate Vulture?
Sam Zell, chairman of Equity Residential and Equity LifeStyle Properties, is worth $4.8 billion. He has more money than he knows what to do with. Yet as Californians struggle through the COVID-19 pandemic and housing …
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 …
Californians Stand Up to Big Real Estate and Back Rent Control
California’s grassroots movement that aims to expand rent control through a statewide ballot measure has reached a major milestone: the initiative, known as the Rental Affordability Act (RAA), has received more than 1,200 individual campaign …
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 …
Big Real Estate Gears Up to Stop Rental Affordability Act
A year away from Election Day, the real estate industry is already gearing up for a pitched battle against the housing justice movement in California. Heavyweights Essex Property Trust, the California Apartment Association, and Equity …
Frontline Activist Sees the Real-Life Damage of Housing Affordability Crisis
Georgina Serrano, an enthusiastic, big-hearted woman, is a community organizer in Los Angeles for Inquilinos Unidos, a housing justice nonprofit. She works, each day, on the frontlines of California’s housing affordability crisis. She’s never seen …
Runaway Corporate Landlord Greed Threatens A Family’s Way of Life
Derek Steele is an activist — but first and foremost a father and husband. When he and his wife were hit with two major rent increases in the past two years, with nothing to protect …
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 …