Financial news

SE: See the Last Affordable Housing in Silicon Valley

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Bloomberg via Youtube

June 6 (Bloomberg) — As the tech boom drives up Bay Area real estate, America’s largest landlord, Equity Residential, hopes to profit from increased demand for rental homes. The company’s aggressive eviction tactics against rent stabilized tenants have provoked a backlash from the citizens — and city — of East Palo Alto. Bloomberg’s Willem Marx reports.

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