Blackstone

TENANTS' RIGHTS GROUPS PRESS LAWMAKERS TO REIN IN CORPORATE LANDLORDS

Suzanne Potter, California News Service

Photo via CNS

August 2, 2024 (San Diego) -- Tenant's rights groups are asking policymakers to move on several fronts to rein in corporate landlords who they said are worsening California's housing crisis.

Advocates said after the private equity firm Blackstone bought 5,600 apartments in the San Diego area in 2021, the company began squeezing out tenants in order to aggressively raise rents.

Amy Schur, campaign director for the Alliance of Californians for Community Empowerment, works with a tenant group called the Blackstone Tenants Union.


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