3 ms·
The accusation is that RealPage allows landlords to indirectly coordinate and fix prices across the industry. If this is true, then it is monopolistic price-fix
by n4r9 3y ago
The accusation is that RealPage allows landlords to indirectly coordinate and fix prices across the industry. If this is true, then it is monopolistic price-fixing rather than supply and demand.
Ironically, regarding property vacancy, an earlier ProPublica article about RealPage has this to say:
> RealPage discourages bargaining with renters and has even recommended that landlords in some cases accept a lower occupancy rate in order to raise rents and make more money.
https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent https://www.propublica.org/article/yieldstar-rent-increase-r...
EDIT
The lawsuit against RealPage has a very clear description of the alleged collusion as well: https://www.hausfeld.com/media/550bhzyp/realpage-complaint-filed.pdf https://www.hausfeld.com/media/550bhzyp/realpage-complaint-f...
- deleted 3y ago[deleted]