Over the last four years, rents have skyrocketed by an average of over 30% nationwide and are a major factor in the overall inflation rate. There are a variety of factors behind the increases, including an overall housing shortage. But the Department of Justice is investigating another potential cause: a massive criminal conspiracy among large landlords.
  • SexUnderSocialism [she/her]
    ·
    6 months ago

    But the Department of Justice is investigating another potential cause: a massive criminal conspiracy among large landlords

    Being a landlord in itself should be a massive criminal conspiracy. landlord-spotted

    • Stolen_Stolen_Valor [any]
      ·
      6 months ago

      Specifically, RealPage employs "pricing advisors" who "meet with landlords to ensure that properties are implementing RealPage’s set rates”

      You’re describing price fixing. You are literally describing the crime you are committing. he-admit-it

      You either have to be impossibly stupid to do this and/or extremely evil - also confident your government is so broken they won’t come after you with antitrust laws.

      • CarbonScored [any]
        ·
        6 months ago

        Obviously many landlords do price fixing, but you're not meant to say it out loud. You're definitely not meant to EMPLOY a price guy on the books, whose only job is to do the price fixing.