Meet the Villains of Big Real Estate

Corporate landlords and Big Real Estate have historically shelled out millions in campaign cash to oppose rent control and more affordable, fair rents.

As millions of Californians face evictions and homelessness due to the coronavirus pandemic, corporate landlords and other bad actors have used the pandemic to prey on vulnerable tenants throughout the state. These corporate landlords and bad actors have fought renter protections that would help vulnerable tenants throughout the state. They want to keep charging unfair, sky-high rents, no matter the harm to others.


Image

So who exactly are these greedy corporate landlords and Big Real Estate bad guys?

These menaces to society have been the root cause of California’s ongoing housing affordability crisis.

In the coming months, we will be exposing the people who have exacerbated the housing affordability crisis through corporate greed and a callous disregard for California renters.


Join us in naming and shaming these Big Real Estate bad guys.

In the coming months, we will be exposing the people who have exacerbated the housing affordability crisis through corporate greed and a callous disregard for California renters.

Mike Schall, Essex Property Trust CEO

In conversations about California’s housing affordability and homelessness crises, the question “how did it get so bad?” is ever-present.

Much of the blame rests on the shoulders of Big Real Estate and corporate landlords like Mike Schall, CEO of Essex Property Trust, a real estate investment trust (REIT) based in San Mateo, California.

There is a broad consensus among economists and housing justice activists that skyrocketing rent increases, coupled with stagnant wages, are significant contributors to the housing affordability crisis.

Hall of Shame

Sam Zell

Tom Bannon

 
 

PAID FOR BY HOMEOWNERS AND TENANTS UNITED, SPONSORED BY AIDS HEALTHCARE FOUNDATION. COMMITTEE MAJOR FUNDING BY AIDS HEALTHCARE FOUNDATION.