Mastodawn

Basil Jan 9, 2025

ProPublica Jan 9, 2025

Justice Department Sues Six of the Nation’s Largest Landlords in Effort to Stop Alleged Price-Fixing in Rental Markets
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Federal prosecutors allege that the landlords have used RealPage pricing software to collude and artificially raise rents. The legal action is the latest development stemming from a 2022 ProPublica investigation.

https://propub.li/40qESIN

#News #Housing #Business #Government #DOJ

DOJ Sues Six Large Landlords in Effort to Stop Alleged Price-Fixing in Rental Markets

Federal prosecutors allege that the landlords have used RealPage pricing software to collude and artificially raise rents. The legal action is the latest development stemming from a 2022 ProPublica investigation.

ProPublica

Basil Jan 9, 2025

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ProPublica Jan 9, 2025

Our story from 2022: Texas-based RealPage’s YieldStar software helps landlords set prices for apartments across the U.S. With rents soaring, critics are concerned that the company’s proprietary algorithm is hurting competition.

https://propub.li/407lOho

Rent Going Up? One Company’s Algorithm Could Be Why.

Texas-based RealPage’s YieldStar software helps landlords set prices for apartments across the U.S. With rents soaring, critics are concerned that the company’s proprietary algorithm is hurting competition.

ProPublica

Basil Jul 15, 2024