Gee, Corruption Much?

Before letting the eviction ban expire, the Congressional Democrats took mega-donations from real estate interests.

This is not surprising.  Pelosi's husband made much of his fortune in real-estate, and she has been a big supporter of real-estate interests:

House Democrats’ super PAC took in a million dollars from the chairman of a massive apartment rental company in June, before letting the federal eviction moratorium expire over the weekend amid a COVID-19 pandemic that continues to surge.

Last week, President Joe Biden’s administration belatedly called on Democrats in Congress to pass legislation to extend the Centers for Disease Control and Prevention’s (CDC) eviction ban only days before it was set to expire on July 31 — a full month after Supreme Court Justice Brett Kavanaugh wrote that the moratorium would have to be extended by legislation.

The late request by Biden’s press secretary Jen Psaki seemed to catch Democratic lawmakers off guard as they were getting ready to enjoy a long summer recess period. House Democrats tried to quickly pass legislation extending the moratorium by unanimous consent, a maneuver that Republicans blocked. Afterwards, the House adjourned, and lawmakers started streaming out of town.

House Speaker Nancy Pelosi said last Friday that Democratic leaders had only learned one day earlier that the Biden administration was counting on lawmakers to renew the eviction ban via legislation. However, she claimed the next day that her colleagues had led a “relentless campaign” to extend the moratorium, blaming Republicans for its failure. On Monday, Pelosi sent a letter to Democratic lawmakers arguing that “the moratorium must be extended by the administration.”

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Meanwhile, Democrats have been raking in money from residential real estate interests that could benefit from the moratorium expiring.

“I’ve been looking at real estate, housing, and landlords for about 15 years, and this feels like an extension of what I have seen at the state and local levels,” said Sara Myklebust, Bargaining for the Common Good research director at Georgetown University's Kalmanovitz Initiative for Labor and the Working Poor. “You certainly see a pattern of landlords having close relationships as a result of money and influence, and that can affect the way lawmakers see these issues, the questions they ask, and the timelines on which they are willing to take action or not.”

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George Marcus, chairman of both the massive real estate brokerage Marcus & Millichap and the real estate investment trust Essex Property Trust, donated $1 million on June 1 to House Majority PAC, a super PAC that works to elect Democratic lawmakers. The donation amounted to nearly 7 percent of the total funding the committee has raised so far this year.

Marcus also donated $263,400 in June to a joint fundraising committee benefiting House Speaker Nancy Pelosi’s campaign, her leadership PAC, and the Democratic Congressional Campaign Committee (DCCC), the party committee that works to elect House Democrats.

During the 2020 election cycle, Marcus donated a combined $1 million to the DCCC and the Democratic Senatorial Campaign Committee, which elects Democratic Senate candidates. He contributed millions more to the party-aligned super PACs that aid those committees: $3.5 million to Senate Majority PAC and $3 million to House Majority PAC.

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In an earnings call last week, Essex Property Trust CEO Michael Schall said that the company expects its delinquency rates will “return to normal levels over time, as more workers enter the workforce and eviction protections lapse on September 30 in both California and Washington.”

When asked about the expiring federal eviction moratorium, Schall said that “we expect to work with our residents to the extent we can.”

This is why people refuse to believe that the Democratic Party establishment (There is no Democratic Party establishment) will work for them, because they don't.