America’s Largest Landlord to Stop Using RealPage Rent-Setting Software, Makes Deal With DOJ

America’s Largest Landlord to Stop Using RealPage Rent-Setting Software, Makes Deal With DOJ

Greystar, which manages nearly 950,000 apartments, has agreed to stop using “anti-competitive” algorithms to suggest rents. ProPublica previously showed how such software lets landlords set rents in a way that could result in cartel-like behavior.

https://www.propublica.org/article/greystar-realpage-doj-settlement-landlords-apartments-software?amp%3Butm_medium=social&amp%3Butm_campaign=mastodon-post

#News #Rent #Housing #Algorithm #DOJ #Law

4 points · 2 comments · view on lemmy.world

2 Comments

Yoshi@toot.community · 2 pts · 1y

@ProPublica@newsie.social DoJ only agreed after the landlord agreed to pay off pam blondie.

demi7en@infosec.exchange · 1 pts · 1y

@ProPublica@newsie.social That 60-year-old expensively crafted face is about fall off the cliff any day now.

No amount of grifted money or dark pact will prevent that.