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 does not disclose any trusts.
Pratt did not list the KSS Pratt Children’s Trust of 2007 nor any of the property held by the trust.
In 2007, Pratt’s parents created the KSS Pratt Children’s Trust of 2007 and transferred at four properties to the trust. They named Spencer and his two sisters as co-trustees of the trust. Today, the trust still owns at least three of the properties, which happened to be two apartment complexes in Santa Monica and a beachfront home in Carpinteria, California, where Spencer presently resides.
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 wealth that causes exorbitant rents.





