Update, November 8, 2022: A new UC Berkeley Terner Center report says AB 1482 isn’t working for tenants — and may never work if reforms don’t take place. Despite how the real estate industry frames …
Stephen Schwarzman, Fierce Foe of Rent Control, Lands on Top 25 List of Wealthiest Americans
Corporate landlord Stephen Schwarzman, the controversial CEO of Blackstone Group, has been ranked by CEOWorld magazine as the one of the 25 wealthiest people in the United States. In 2018 and 2020, Blackstone shelled out …
Invitation Homes Continues Shameful Treatment of Tenants
A new article in the Washington Post reveals that Invitation Homes, one of the largest corporate landlords in the United States, is continuing its shameful treatment of tenants. Invitation Homes already has an alarming track …
Rent Is Still Too Damn High! We Need Rent Control.
There’s been a recent flurry of news stories about rents skyrocketing in cities throughout the nation. The Hill even reported that rent prices in February hit a “new high” in the 50 largest metropolitan areas, …
Pasadena Activists Take Huge Step to Pass Rent Control and Rein In Predatory Landlords
Activists in Pasadena, California, took a huge step to pass rent control in their city – and to finally rein in unfair, excessive rents. On Monday, Pasadena Tenant Justice Coalition, which includes the Pasadena Tenants …
Corporate Landlords’ Excessive Rents Fuel Homelessness. Rent Control Will Save Lives.
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 …