Resources
Resources from our partners across the state.
“Blackstone Comes to Collect: How America’s Largest Landlord and Wall Street’s Highest Paid CEO Are Jacking Up Rents and Ramping Up Evictions“
The Private Equity Stakeholder Project (PESP) and Alliance of Californians for Community Empowerment (ACCE) have released a new report that documents rent hikes and increased evictions by the private equity firm The Blackstone Group. Blackstone now owns and manages over 300,000 units of rental housing in the U.S., making it the largest landlord in the U.S.
“PRICED OUT
The University of California’s Role in the Affordability Crisis”
A new study by researchers with the University of California’s largest employee union has found that inflation adjusted wages for UC’s lowest paid and most demographically diverse employee segments—nearly a quarter of UC’s total workforce —have shrunk by as much as 5% since early 2021, fueling a dual crisis of housing affordability and frontline staffing shortages at California’s third largest employer.