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DOJ files rent-fixing lawsuit against corporate landlords' go-to software firm (www.rawstory.com)

submitted 3 weeks ago by [email protected] to c/[email protected]

2 comments fedilink hide all child comments

Executives at the property management software company RealPage claimed they had the "greater good" in mind when they offered corporate landlords a price-fixing algorithm service, said the U.S. Department of Justice as it filed a lawsuit Friday against the firm—but the scheme allegedly drove rental costs up in communities across the country, contributing to the housing crisis.

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[–] [email protected] 21 points 3 weeks ago (1 children)

Dear DOJ,

Please prosecute the actual people using this tool to collude, too.

Thanks.

[–] deadtom 8 points 3 weeks ago

Analyze price increases from start to stop of using the tool. If above X, congrats you're on the hook for making your victim whole plus damages.

They'll bitch that it's going to financially devastate the landlords but they gave zero fucks about the families they have greedy been looting and the devastation they have already experienced.

Let's see some landlords on the street for a change.