Published on

Tenants March to Stop Giveaways to Wall Street Landlords

While Republicans are proposing severe cuts to low-income housing assistance, they are continuing to subsidize Blackstone and other private equity housing profiteers.

Participants in the 'Tenant's March' this week have vowed to keep up the fight to make affordable housing a right, despite the formidable forces against them. (Photo: Andrés Rodriguez)


It was a brutally hot and humid day in the nation’s capital and Margie Mathers needed a cane to get up to the podium, but the Florida senior had a story she was determined to tell.

“When I moved into our manufactured housing community in North Fort Myers, it was a beautiful, peaceful place,” Mathers told the crowd of around 1,000 activists who’d converged on the city for a July 13 Tenant March on Washington. “Now I have neighbors who are really struggling. They’re taking their medications every other day instead of every day and not eating the food they need to be healthy.”

What changed? Her development had been purchased Equity LifeStyles Property Inc., a private equity firm specializing in developments where residents own their trailer homes but rent the land under them. This new landlord quickly jacked up Mathers’s monthly rent to $630, from $230 just four years ago.

FRIENDS: Now More Than Ever

Independent journalism has become the last firewall against government and corporate lies. Yet, with frightening regularity, independent media sources are losing funding, closing down or being blacked out by Google and Facebook. Never before has independent media been more endangered. If you believe in Common Dreams, if you believe in people-powered independent media, please support us now and help us fight—with truths—against the lies that would smother our democracy. Please help keep Common Dreams alive and growing. Thank you. -- Craig Brown, Co-founder

Support Common DreamsSupport Common Dreams

Aditi Katti

Aditi Katti is a Next Leader at the Institute for Policy Studies.

Share This Article