Since 2013, the California Association of Realtors (CAR) has led on the spending of more than $11 Million to influence State housing policy.
CAR has become one of the State’s biggest lobbying groups, spending tens of millions of dollars every year to influence state and local politics so they can direct housing policy for their own gain. In 2014 and 2015, they led on efforts to kill the Ellis Act Reform statewide that would have protected renters from speculators.
We all know that California needs more affordable housing. We also know that building million dollar condominiums that only the rich can afford is NOT the solution. But that is what is getting built across the state.
Why? Because that is what the apartment and real estate industry want.
We, the undersigned, call on the California Association of Realtors to stop lobbying against low-to-moderate income homeowners and tenants in the State Capitol and our local City Halls. Instead of profits for the few and driving up our cost of living, we call on you to support investments in the kinds of affordable housing preservation and construction our diverse communities desperately need!
We also call on our elected officials to refuse and return any contributions from the Realtors Association this election cycle and to commit to affordable housing preservation, real tenant protections, and affordable housing construction for our diverse communities.