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Western National Group CEO Michael Hayde Hates Rent Control

In News by Follow the MoneyNovember 20, 2019

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 …

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Blackstone CEO Stephen Schwarzman Doesn’t Want to Solve Housing Affordability Crisis

In News by Follow the MoneyNovember 20, 2019

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 …

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Predatory Landlord Russell Flynn Spends Big to Oppose Rent Control

In News by Follow the MoneyNovember 19, 2019

Russell Flynn, a multi-millionaire real estate magnate in San Francisco, will do anything to push tenants out of their rent-controlled apartments so he can charge higher rents. From harassment to drumming up phony claims, Flynn …

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‘Trump’s Friends’ Spent Millions to Stop Rent Control in California

In News by Follow the MoneyNovember 18, 2019

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 …

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Billionaire Jackie Safier Doesn’t Care About Housing Affordability Crisis

In News by Follow the MoneyNovember 17, 2019

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, …

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Billionaire Sam Zell Wants To Keep Charging Unfair Rents

In News by Follow the MoneyNovember 16, 2019

Billionaire Sam Zell, co-founder and chairman of Equity Residential, doesn’t care about solving California’s housing affordability crisis. In 2018, he spent $5.2 million to stop rent control — and to continue the status quo of …

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Notorious Eviction Attorney Dennis Block Opposes Rent Control

In News by Follow the MoneyNovember 9, 2019

Notorious eviction attorney Dennis Block boasts to have “evicted more than tenants than any other human being on the planet Earth.” He describes rent control as a “cancer,” and cheers on rising rents on Twitter. …

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