TENANTS PROTEST RENT GOUGING BY CORPORATE SPECULATORS IN REDWOOD CITY 


Redwood City, CA – Residents of two apartment buildings near downtown Redwood City are protesting rent increases of up to and exceeding $800 imposed by their new corporate landlords. The twenty families living in the apartments received rent increases on the same day that the new owners informed the residents of the purchase. Many of the tenants have formed a tenants’ association and will demand that the new owners reduce the amount of the rent increases so they will not be displaced from their homes.