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.

  • CustodialTeapot@lemmy.world
    0·
    10 months ago

    I 100% believe we should charge companies a fee for any mistakes they made that we had to spend time correcting.

    I know banks do this in the UK if you complain and they’re in the wront.

    All companies should do this. Watch how fast they’d fix their shit when there’s a fincial penny related to shit service.

    • Flying Squid@lemmy.world
      0·
      10 months ago

      “Corporations are people” in the U.S. when it comes to privileges, but never when it comes to penalties.