One of the Bay Area’s biggest landlords spends $2.4 million to defeat proposed California rent control measure
August 06, 2018 at 11:02 AM EDT
The San Mateo-based Essex Property Trust — one of the Bay Area's biggest landlords — has a lot to lose from a measure that would repeal the 1995 Costa Hawkins Rent Control Act and allow California cities to put rent-control restrictions on newly built housing stock.