U.S. landlords who use RealPage products to set prices on rental apartments are facing accusations of collusion.
  • 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.

  • fishpen0@lemmy.world
    12·
    9 months ago

    I actually just looked into it and it was 100% legal for landlords to do this until a new FCC rule kicked in in 2022. Your lived experience is not the same as actual laws. You are technically correct but only since 2022. Given I moved to this city in 2020, we can both be correct. Isn’t that neat? It’s likely the other commenter in the thread also had this experience before 2022.

    https://www.cnet.com/home/internet/internet-for-apartments/

      • fishpen0@lemmy.world
        14·
        9 months ago

        Yes crazy how that goes. But being unhelpful and a dick is a choice you made in your comments while I actually refuted you and brought proof