RealPage: US accuses software firm of driving rent hikes
Source: BBC
The US has sued a leading software company that collects and sells rental data, accusing it of subverting competition between landlords and feeding the country's housing crisis. The Department of Justice (DOJ) has claimed RealPage's software algorithm meant rival landlords were sharing what would otherwise be private information, allegedly allowing them to illegally co-ordinate and raise rents. "Everybody knows…
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