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The report details how Blackstone, the largest landlord in the U.S., has aggressively expanded its housing portfolio by adding over 200,000 units in two years. It highlights a shift from a voluntary eviction moratorium to a wave of eviction filings in late 2022, often for minimal rent arrears. The document argues that Blackstone leverages legal loopholes in California to charge new tenants significantly higher rents than previous residents and has spent millions of dollars to defeat rent control measures. It also notes that a majority of Blackstone's properties are located in neighborhoods with high populations of people of color.