Rent Barons
Who Is Behind Rising Rents in America?
Powerful interests, including a real estate tech company and private equity firms, are contributing to soaring rents.
DOJ Files Antitrust Suit Against RealPage, Maker of Rent-Setting Algorithm
The lawsuit, which comes in the wake of a ProPublica investigation into the Texas company, accuses RealPage of taking part in an illegal price-fixing scheme to reduce competition among landlords to boost prices — and profits.
DOJ Backs Tenants in Case Alleging Price-Fixing by Big Landlords and a Real Estate Tech Company
A ProPublica investigation last year about RealPage’s rent-setting software led to federal lawsuits asserting inflated apartment prices.
Senators Had Questions for the Maker of a Rent-Setting Algorithm. The Answers Were “Alarming.”
After a ProPublica investigation, RealPage answered questions from lawmakers about its product. In response, the senators sent a letter to the Justice Department.
Department of Justice Opens Investigation Into Real Estate Tech Company Accused of Collusion with Landlords
The DOJ will examine whether RealPage helped landlords coordinate rent increases. Questions also swirl around a 2017 merger deal with its largest competitor.
More Senate Democrats Seek Investigation of Tech Firm Accused of Colluding With Landlords to Hike Apartment Rents
Sen. Amy Klobuchar and other leading Democrats have asked the Department of Justice to examine Texas-based RealPage, which sells software to help landlords set apartment rental prices across the country.
Pressure Grows on Real Estate Tech Company Accused of Colluding With Landlords to Jack Up Apartment Rents
RealPage has come under increasing fire from lawmakers and lawyers after ProPublica reported on its software’s potentially anti-competitive effects. Student housing is implicated.
Senator Seeks Antitrust Review of Apartment Price-Setting Software
The chair of a Senate committee wants the Federal Trade Commission to examine software sold by Texas-based RealPage after a ProPublica investigation revealed possible collusion.
