> Landlords adopt RealPage recommendations on pricing 80-90% of the time, which explicitly drives up revenue by holding apartments off the market. As the archit

> Landlords adopt RealPage recommendations on pricing 80-90% of the time, which explicitly drives up revenue by holding apartments off the market. As the architect of RealPage once explained, “[i]f you have idiots undervaluing, it costs the whole system.” It’s not just an information-sharing and price recommendation engine. RealPage has ‘pricing advisors’ that monitor landlords and encourage them to accept suggested pricing, it works to get employees at landlord companies fired who try to move rents lower, and it even threatens to drop clients who don’t accept its high price recommendations. This one’s a very clear conspiracy. Allegedly. This raid is potentially glorious. Faith in the system tentatively renewed. I'll keep my fingers crossed for not only certain parties going to prison, but also certain parties being forced to compensate for the huge harm to entire markets and the people in them that they knowingly caused. (IIUC, if a lot of owners collude to manipulate prices, then the rest will also tend go up, because they notice the new "market" price, and they see their costs are going up. And then this has other economic effects, including payroll and retention for small businesses. And presumably also the various costs to society of health and happiness problems, since the economic stresses can be pretty bad for some.)