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submitted 2 years ago by MicroWave@lemmy.world to c/news@lemmy.world
  • A group of lawsuits accuse large landlords of price-fixing the market rate of rent in the United States
  • A complaint filed by Washington D.C.’s Attorney General alleges 14 landlords in the district are sharing competitively sensitive data through RealPage, a real estate software provider
  • RealPage recommends prices for roughly 4.5 million housing units in the United States
  • RealPage told CNBC that its landlord customers are under no obligation to take their price suggestions

A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes.

“We’ve been told as tenants by employees of Equity that the software takes empathy out of the equation. So they can charge whatever the software tells them to charge,” said Kevin Weller, a tenant at Portside Towers since 2021.

Tenants say the management started to increase prices substantially after giving renters concessions during the Covid-19 pandemic.

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[-] SolarMech@slrpnk.net 9 points 2 years ago

I think his point is about judges being corrupt. He has information useful to us and he's not mentioned how he feels about his uncle. No point being mean to him.

[-] Arthur_Leywin@lemmy.world 1 points 2 years ago* (last edited 2 years ago)

He kind of just said it with no comment so I assumed he was bragging about it. But you're right I'll head over to say sorry.

this post was submitted on 05 Feb 2024
658 points (99.1% liked)

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