Lemmy.World

A historic wave of tenant organizing is on the verge of winning renter protections that would be attached to federal loans—affecting 1 in 4 apartments. But Greystar, Blackstone, and AvalonBay are spending millions to block it.

They're a part of a coalition of massive landlords, baks, and investors who are pooling resources to block rent control and renter protection policies.

One of the biggest landlord industry lobbying groups is called the National Multifamily Housing Council. That group has spent almost $10 million lobbying against rent control.

Despite this opposition, we're seeing one of the largest upticks in tenant organizing since the 1970s, as renters across the country face worsening housing crisis. Groups like KC Tenants are at the forefront of this movement, fighting to stop unfair rent hikes and corporate slumlords.

For context, I am specific about the part of this story where some developments/investors are highly subsided by the government. This allows the people to hold the government accountable and also transitively the investors that each dollar spent should benefiting the public.

This news is of course in the context of the US. Yet, aren't some of our builders here also received government aids during covid (before and after). Are there any existing plan to start the rent control in Australia in similar manner? Starting off with those investors who received helps from the government first?