國立虎尾科技大學 |

Pension Fund Evictions : = Lessons for Housing and Labor.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	Pension Fund Evictions :/
Reminder of title:	Lessons for Housing and Labor.
Author:	Brady, Marnie F.
Description:	1 online resource (334 pages)
Notes:	Source: Dissertations Abstracts International, Volume: 78-11, Section: A.
Contained By:	Dissertations Abstracts International78-11A.
Subject:	Geography. -
Online resource:	click for full text (PQDT)
ISBN:	9781369747027

Pension Fund Evictions : = Lessons for Housing and Labor.
Brady, Marnie F.

Pension Fund Evictions :Lessons for Housing and Labor. - 1 online resource (334 pages)

Source: Dissertations Abstracts International, Volume: 78-11, Section: A.

Thesis (Ph.D.)--City University of New York, 2017.

Includes bibliographical references

In this dissertation I analyze an institutional investor portfolio of over-leveraged multifamily rental housing in East Palo Alto, California to demonstrate how changing forms of landlordism produce both new and familiar targets for tenants organizing against displacement and for housing security. Venture capital investors in the first decade of the 2000s exploited the Silicon Valley regional conditions of racial exclusion, uneven development, and municipal rent control. I introduce the legacy of Black political organization in East Palo Alto as a way of contextualizing the tenants' and the city leaders' response to the monopoly investment purchase. The structure of this rental portfolio demonstrates the multiple actors involved in such large-scale residential investments, including institutional state pension funds, high-net worth individuals, local and international lenders, money managers, and the Security and Exchange Commission. The case study analysis considers how tenants, advocates, and a local union representing shareholders in the country's largest pension, the California Public Employees' Retirement System (CalPERS), mobilized city and state officials to exert influence over these targets, focusing on the institutional investor in particular, albeit with limited success. This case finds that venture capital investors backed by public pension funds exacerbated the escalating renter crisis in East Palo Alto, and elsewhere. I suggest that the findings from this case study, particularly those detailing the points of leverage available to tenants to target public pension funds, as well as the power of cities, bear lessons for tenants organizing in other large-scale multifamily rental portfolios and bundled scattered site single-family real estate owned (REO) foreclosure-to-rental portfolios. The analysis concludes by drawing from principles of housing security and offering what a coalitional, labor/community, racial justice politics for "the right to the city" might entail when taking into account changing conditions of investor landlordism.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024

Mode of access: World Wide Web

ISBN: 9781369747027Subjects--Topical Terms:

654331
Geography.
Subjects--Index Terms:

FinancializationIndex Terms--Genre/Form:

554714
Electronic books.

Pension Fund Evictions : = Lessons for Housing and Labor.
LDR:03527ntm a22004337 4500 001 1148815
005 20240930105230.5
006 m o d
007 cr bn ---uuuuu
008 250605s2017 xx obm 000 0 eng d
020 $a 9781369747027
035 $a (MiAaPQ)AAI10273744
035 $a (MiAaPQ)minarees:14601
035 $a AAI10273744
040 $a MiAaPQ $b eng $c MiAaPQ $d NTU
100 1 $a Brady, Marnie F. $3 1474883
245 1 0 $a Pension Fund Evictions : $b Lessons for Housing and Labor.
264 0 $c 2017
300 $a 1 online resource (334 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Dissertations Abstracts International, Volume: 78-11, Section: A.
500 $a Publisher info.: Dissertation/Thesis.
500 $a Advisor: Fox Piven, Frances.
502 $a Thesis (Ph.D.)--City University of New York, 2017.
504 $a Includes bibliographical references
520 $a In this dissertation I analyze an institutional investor portfolio of over-leveraged multifamily rental housing in East Palo Alto, California to demonstrate how changing forms of landlordism produce both new and familiar targets for tenants organizing against displacement and for housing security. Venture capital investors in the first decade of the 2000s exploited the Silicon Valley regional conditions of racial exclusion, uneven development, and municipal rent control. I introduce the legacy of Black political organization in East Palo Alto as a way of contextualizing the tenants' and the city leaders' response to the monopoly investment purchase. The structure of this rental portfolio demonstrates the multiple actors involved in such large-scale residential investments, including institutional state pension funds, high-net worth individuals, local and international lenders, money managers, and the Security and Exchange Commission. The case study analysis considers how tenants, advocates, and a local union representing shareholders in the country's largest pension, the California Public Employees' Retirement System (CalPERS), mobilized city and state officials to exert influence over these targets, focusing on the institutional investor in particular, albeit with limited success. This case finds that venture capital investors backed by public pension funds exacerbated the escalating renter crisis in East Palo Alto, and elsewhere. I suggest that the findings from this case study, particularly those detailing the points of leverage available to tenants to target public pension funds, as well as the power of cities, bear lessons for tenants organizing in other large-scale multifamily rental portfolios and bundled scattered site single-family real estate owned (REO) foreclosure-to-rental portfolios. The analysis concludes by drawing from principles of housing security and offering what a coalitional, labor/community, racial justice politics for "the right to the city" might entail when taking into account changing conditions of investor landlordism.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2024
538 $a Mode of access: World Wide Web
650 4 $a Geography. $3 654331
650 4 $a Sociology. $3 551705
650 4 $a Urban planning. $3 1180826
653 $a Financialization
653 $a Labor
653 $a Land
653 $a Race
653 $a Racial capitalism
653 $a Urban
655 7 $a Electronic books. $2 local $3 554714
690 $a 0366
690 $a 0626
690 $a 0999
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a City University of New York. $b Sociology. $3 1184415
773 0 $t Dissertations Abstracts International $g 78-11A.
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10273744 $z click for full text (PQDT)