4min chapter

Behind the Bastards cover image

Part Two: Sam Zell: the Elon Musk of Real Estate

Behind the Bastards

CHAPTER

Rent Control

During and after World War II federal rent control in Los Angeles froze rents so that housing construction could catch up to the population. Alyssa Katz, a researcher at UCLA examined rent control and housing affordability in LA going back to the 1940s. She found that rent control successfully stopped people from becoming unhoused in the 40s and then again in the late 70s when inflation rose again and rent spiked. And what we're actually seeing here with guys like Zell putting millions of dollars into propaganda to kill rent control ballot measures in California.

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