Released: January 08, 2025

Landlords are accused of colluding to raise rents

Source: Alyssa Fowers, Szu Yu Chen, Steven Rich & Rachel Lerman, Washington Post (Paid Registration)

Millions of rents across the United States may now be set using one company’s algorithmic software, according to a federal lawsuit and a Washington Post analysis.

RealPage, a property management software company, uses a trove of data to suggest rental prices to landlords. Access to competitors’ rental data is at the center of the legal battles against RealPage. The Justice Department alleges landlords provide private rental data to RealPage, which uses its technology to train the company’s pricing algorithm and make suggestions to landlords on what rent to charge.

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