Schwalb’s DC lawsuit cites a former “high-ranking manager” at Greystar Management Services, one of the RealPage customers named in the suit, as confirming that landlords used rent management software to collude and raise prices. “He responded that of course they did—it’s the entire reason landlords used the software,” according to the complaint.
Source: 14 big landlords used software to collude on rent prices, DC lawsuit says | Ars Technica
Say, what are the chances there are other cartels in other cities that are also artificially inflating prices through the use of software? We get that landbastards want to make it easy for themselves to maximize profits as we all live in a capitalist society, but this is egregious. There is a difference between profiting and profiteering.
There is a high likelihood there’s a cartel here in Minneapolis given how city government feels safe in fucking life up for everyone within city limits.
We hope they all get fucked.