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submitted 5 months ago by yogthos@lemmy.ml to c/news@hexbear.net
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[-] SexUnderSocialism@hexbear.net 59 points 5 months ago

But the Department of Justice is investigating another potential cause: a massive criminal conspiracy among large landlords

Being a landlord in itself should be a massive criminal conspiracy. landlord-spotted

[-] Stolen_Stolen_Valor@hexbear.net 51 points 5 months ago* (last edited 5 months ago)

Specifically, RealPage employs "pricing advisors" who "meet with landlords to ensure that properties are implementing RealPage’s set rates”

You’re describing price fixing. You are literally describing the crime you are committing. he-admit-it

You either have to be impossibly stupid to do this and/or extremely evil - also confident your government is so broken they won’t come after you with antitrust laws.

[-] CarbonScored@hexbear.net 13 points 5 months ago* (last edited 5 months ago)

Obviously many landlords do price fixing, but you're not meant to say it out loud. You're definitely not meant to EMPLOY a price guy on the books, whose only job is to do the price fixing.

[-] Bloobish@hexbear.net 59 points 5 months ago

If this was China or Vietnam this mfer would get the death penalty

[-] CyborgMarx@hexbear.net 58 points 5 months ago

Arizona's lawsuit alleges that RealPage "puts significant pressure on participants to ensure they adopt RealPage’s prices." Specifically, RealPage employs "pricing advisors" who "meet with landlords to ensure that properties are implementing RealPage’s set rates." This is described by Arizona as "policing the conspiracy to make sure no one cheats by lowering prices and trying to gain market share." RealPage training materials, cited in the DC lawsuit, advise that landlords "should be compliant" with the software's pricing recommendations. The Arizona lawsuit claims that landlords "agree that if they fail to consistently implement RealPage’s set rates, their contract with RealPage will be terminated." Jeffrey Roper, who created the RealPage algorithm, explained that if "you have idiots undervaluing, it costs the whole system"

mao-shining

[-] Stolen_Stolen_Valor@hexbear.net 48 points 5 months ago

There are a variety of factors behind the increases, including an overall housing shortage.

There 28 vacant homes for every one person experiencing homelessness in the U.S.

There are a variety of factors behind the increases, including an overall housing shortage.

There 28 vacant homes for every one person experiencing homelessness in the U.S.

There are a variety of factors behind the increases, including an overall housing shortage.

There 28 vacant homes for every one person experiencing homelessness in the U.S.

Dental plan!

[-] Abracadaniel@hexbear.net 9 points 5 months ago

The vacant homes aren't in the same places the homeless people are trying to live tho.

[-] Hello_Kitty_enjoyer@hexbear.net 6 points 5 months ago

which could easily be solved if the government didn't tax the working class for existing

[-] GoebbelsDeezNuts@hexbear.net 4 points 5 months ago

Totally real person when there is vacant housing in Vermont but they're homeless in NYC. "Hey I'm tryin' to die of exposha ova here"

[-] callTheQuestion@hexbear.net 35 points 5 months ago

what're they going to do, fine them for 3% of the money they made?

[-] take_five_seconds@hexbear.net 30 points 5 months ago

holy shit not posted in fakenews

[-] take_five_seconds@hexbear.net 28 points 5 months ago

nothing good will happen tho, some dickhead just wasn't paying taxes or something

[-] RedWizard@hexbear.net 29 points 5 months ago
[-] Rx_Hawk@hexbear.net 28 points 5 months ago

Someone didn’t lobby enough

[-] GrouchyGrouse@hexbear.net 24 points 5 months ago

Remember when there were a few of them uncomfortable with the "lord" part of landlord? Persons of property? Land people? Whatever fucking shit they came up with?

hasan-stfu

[-] yogthos@lemmy.ml 7 points 5 months ago
[-] GrouchyGrouse@hexbear.net 8 points 5 months ago

Funny how the lord part really isn't the part that matters. We want the land, motherfuckers. frog-no-pretext

this post was submitted on 06 Jun 2024
107 points (100.0% liked)

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