SPENCER PRATT failed to disclose his trust on mandatory financial forms for office.
He blames homelessness on Mayor Karen Bass but does not want you to know how many properties including apartment complexes his trust and family owns.
The 42 year old Pro-ICE Republican loser who still lives off his dad is running to be the next mayor of Los Angeles. California requires political candidates to disclose their income and assets. Spencer Pratt’s Form 700, Schedule A-2 fails to disclose his trust. The schedule requires him to disclose trusts and to investments and real property held or leased by the trust.
Pratt did not list his trust or property held by the trust. But Pratt clearly has a trust. In 2007, Pratt’s parents created the KSS Pratt Children’s Trust of 2007 and transferred at leat three real properties to the trust. Today, the trust still owns at least two of the properties, which happened to be apartment complexes in Santa Monica.
Here is a grant deed transferring a partial ownership interest in the apartment complex located at 823 5th Street, Santa Monica to the trust.
Here is a another grant deed transferring a partial ownership interest in the apartment complex located at 1307 15th Street, Santa Monica, to the trust.
Pratt has chastised liberals as “socialists” and “communists” and blames them and current Mayor Karen Bass for homelessness in Los Angeles. Pratt claims he will solve homelessness by kicking everyone off the streets and forcing them into drug rehab. But requiring taxpayers to foot the bill for mandatory drug rehab prisons is a form of socialism.
Pratt ignores that the primary cause of homelessness is lack of affordable housing, not drugs. Pratt ignores that the primary cause of homeless is his family’s greed and significant ownership of luxury properties, apartment complexes, and commercial real estate. In California, property is heavily concentrated in the hands of the wealthy class and corporations that continue to reap massive revenues from generational wealthy that enables them to charge exorbitant rents, making it next to impossible for most individuals in Los Angeles to buy a home.





