California is mired in a housing-affordability crisis — the worst in the nation. Teachers can’t live in the communities that they serve. Seniors sleep in their cars. Families face homelessness because they can’t pay sky-high …
Blackstone CEO Stephen Schwarzman Doesn’t Want to Solve Housing Affordability Crisis
Billionaire Stephen Schwarzman, CEO of Blackstone Group, is one of the richest people in the world. In 2017, he drew a massive income of $786 million — and he’s worth $13.2 billion. It’s why Blackstone …
‘Trump’s Friends’ Spent Millions to Stop Rent Control in California
In 2018, corporate landlords linked closely to Donald Trump shelled out millions to oppose Proposition 10 — the California ballot measure that sought to expand rent control. The same real estate heavyweights will undoubtedly pump …
Billionaire Jackie Safier Doesn’t Care About Housing Affordability Crisis
Jackie Safier, the billionaire CEO of Prometheus Real Estate Group, only wants to make more millions, no matter who gets hurt. Charging top-dollar rents, she contributes to California’s housing affordability crisis. Like other corporate landlords, …