Another real estate software company sued over apartment price-fixing claims — The lawsuit follows claims of similar tactics by Richardson software company RealPage::Software company Yardi Systems Inc. and 18 property management companies were named in an antitrust class-action lawsuit Friday accusing the companies of a…
Whaaaat? How was this not massive news!? How many people did this affect?
Wait until you learn about zillows rise and fall. Including how they and all the other sfr companies used the zestimate to skyrocket their home values and rents during covid
Behind the Bastards did a 2 parter on it, and iirc one of the guys who caused airline problems in the 2000s went on to rental real estate after not getting punished enough in that fiasco.
Housing should be considered a human right and there should not be for-profit companies allowed to be renting out apartments. It should only be non-profits whose sole purpose is managing rentals, not these damn rental corporations trying to hoover up every last penny and constantly increasing rates to keep up with “the market”. Every other industry should be lobbying Congress on this, the more of our money goes towards to having to pay rents, the less of it is available for anything else.
