From corporations like Chevron, the largest landowner in California, for not paying their fair share in property taxes - to big banks and private equity giants like Blackstone for buying up our homes and displacing millions of Californians, ACCE Action is holding Wall Street accountable.
Blackstone, the world's largest corporate landlord, exemplifies corporate greed driving California's housing crisis. After acquiring 5,600 affordable housing units in San Diego County alone, they've hiked rents up to 64% while neglecting repairs. Our growing Blackstone Tenants Union is fighting back, and our groundbreaking report "Helter Skelter" exposed how they've raised rents 50% higher than market average.
We've challenged the University of California's $4.5 billion investment in Blackstone and won a landmark motion in San Diego County to investigate corporate landlords' growing monopoly over local housing. ACCE Action continues to work with allies across the state to lift up the need for progressive revenue, especially revenue that has been systematically syphoned from our communities through corporate giveaways and tax loopholes.