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 …
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 …
Columbia University Professor Debunks Anti-Rent Control Arguments
In recent months, a growing list of top experts, including academics from USC, UCLA, and UC Berkeley, have been debunking anti-rent control arguments. Now Columbia University Business School Professor Stijn Van Nieuwerburgh joins the ranks. …
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 …