A recent study shows that in cities where people spend more than 32 percent of their take-home pay on rent, a spike in homelessness will follow. With corporate landlords setting excessive prices in rental housing …
Why Is Oxford Taking Millions from Corporate Landlord Stephen Schwarzman?
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 …
The Righteous Battle for Rent Control in St. Paul and Minneapolis
A few weeks ago, in November, activists in St. Paul and Minneapolis, Minnesota, had done something momentous: in each of their cities, against the deep-pocketed landlord lobby, they managed to convince voters to pass pro-rent …
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 …
Californians Can’t Afford the Rent. It’s Still Too Damn High!
After years of sky-rocketing rents in California, one thing has disturbingly remained the same: the rent is still too damn high. Recent data shows that the Los Angeles, San Francisco, San Diego, and Oakland metro …
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 …
COVID-19 Exposed Longtime Housing and Homelessness Problems. Will Politicians Do More than Short-Term Solutions?
Over the course of the COVID-19 pandemic, one thing has become alarmingly clear: middle- and working-class Americans need long-term solutions for major problems that have impacted them for years. That especially applies to the housing …
UPDATE: Big Real Estate Shelled Out Nearly $100 Million to Stop Prop 21
Perhaps in an effort to fly under the radar, corporate landlords such as Essex Property Trust, Equity Residential, and AvalonBay Communities have recently shelled out even more millions in campaign contributions to No on Prop …
Housing Is A Human Right’s Advocacy Highlights of 2020
In 2020, Housing Is A Human Right fought tenaciously on the behalf of Californians, carrying out our mission of the “3 Ps”: protect tenants, preserve communities, and produce housing. In 2021, we’ll continue to fight …