Katy Murphy

Amid a tense battle over rent control in California, real-estate interests are writing big checks to defeat a November ballot measure that would give cities more power to regulate what landlords can charge tenants — and the initiative’s backer responded this week with a $10 million cash infusion. “We know we will be significantly outspent by the opposition, backed by deep-pocketed developers and investors who continue to wreak havoc in the housing markets,” AIDS Healthcare Foundation President Michael Weinstein wrote in a news release Tuesday. “The greed of these billionaire corporate landlords is causing widescale misery for millions of Californians, […]