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Landlords are accused of colluding to raise rents. See where.
Millions of rents across the country may now be set using one company’s algorithmic software, according to a federal lawsuit and a Washington Post analysis.
Justice Department accuses 6 major landlords of keeping rents high
The lawsuit arrives as U.S. renters continue to struggle. The latest figures show that half of American renters spent more than 30% of their income on rent and utilities in 2022, an all-time high.
DOJ Adds 6 Major Landlords to Lawsuit Over Algorithmically Inflating Americans’ Rents
Federal prosecutors sued the real estate software company RealPage in August, now they're suing some of the company's biggest customers.
DOJ sues RealPage, landlords for colluding to inflate rents: Houston renters impacted
The Department of Justice alleges several property management companies colluded to inflate rents using algorithmic software, harming millions of renters in Houston and across the country.
US Justice Department accuses 6 big landlords of colluding to keep rents high
Prosecutors said the landlords used an algorithm to help set rents and privately shared sensitive information with their own competitors to boost profits.
Lawsuit: Pricing algorithm inflated rental prices across country
Creation of a pricing algorithm in coordination with a software company has created a lawsuit by the North Carolina’s attorney general, the federal government and nine
Connecticut joins DOJ lawsuit accusing 6 biggest landlords of 'algorithmic pricing schemes'
Connecticut joins DOJ lawsuit accusing 6 biggest landlords of 'algorithmic pricing schemes'
Hosted on MSN
23d
How Property Management Software Can Help Landlords Increase Their Revenue and Avoid 'Nightmare' Tenants
The
best
course of action ... the likelihood that a nightmare
tenant
will darken your doorstep. The number one prevention method is using property management
software
. Quality property ...
The Sacramento Observer
3d
Landlords are using AI to raise rents—and cities are starting to push back
Stacker Adriana Heldiz // CalMatters; iStock, RentCafe (Stacker) - If you've hunted for apartments recently and felt like all ...
13d
The White House Estimates RealPage Software Caused U.S. Renters To Spend An Extra $3.8 Billion Last Year
The White House has accused RealPage, the rental price-setting algorithmic software widely used by landlords and managers, of ...
2d
on MSN
TN joins DOJ in suing 6 large landlords and software company over ‘artificially high’ rent prices
Tennessee joined as a co-plaintiff in the case in August. Tennessee Attorney General Jonathan Skrmetti told News 2 in a ...
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