Greedy software: The housing market crisis is in full swing, and some landlords are eager to exploit the situation to make even more money. The Attorney General for the District of Columbia is now ...
The lawsuit alleges that the Texas company intentionally fed competing landlords' nonpublic information about rental rates into its rent suggestion algorithms, resulting in anti-competitive ...
On Friday, August 23, the Justice Department filed an antitrust lawsuit against software company RealPage, which provides a rental-price-setting service to landlords. It’s not the first lawsuit ...
This summary is reviewed by TRD Staff. The Chicago suburb Evanston is considering banning software platforms that use algorithms to influence rental prices due to concerns about housing affordability.
Rentalutions' online software helps landlords with 1-9 units easily manage their rentals with tenant screening, digital leases and rent collection. Being a landlord can be an endless series of hassles ...
DC’s attorney general has sued 14 of the city’s largest landlord firms, claiming they entered into agreements with a property management software firm to keep rent prices high in a city with a housing ...
This Seattle man’s rent went up 50% after his landlord used a popular pricing tool — now Washington State is suing the Texas company it says helps landlords collude in price-fixing Washington Attorney ...
SEATTLE — The Washington attorney general filed a lawsuit Thursday against a software company and nine landlords accused of fixing and artificially inflating rent prices over the last seven years.
Collecting information from a bunch of different entities, then setting prices for them all to follow, seems like textbook collusion to me. "All of us are going to send this guy info, and follow the ...