Get ready to hear something rare at Gov. Gavin Newsom’s last State of the State address this morning: agreement between California’s leader and President Donald Trump.
Newsom will say he intends to work with local legislators to crack down on private equity and hedge fund investors’ purchases of homes in California, so working families don’t have compete with these businesses. His announcement will follow a similar one made by Trump yesterday.
The political rivals’ alignment is notable, illustrating how institutional landlords have quickly risen to be a favored political punching bag for both parties. Andrew Oxford and Eliyahu ...
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