DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
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Re: DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
#2The DoJ amended the complaint filed (against RealPage) last August, and added 6 landlords:
Greystar Real Estate Partners
Blackstone’s LivCor LLC
Camden Property Trust
Cushman & Wakefield/Pinnacle Property Management
Willow Bridge Property
Cortland Management LLC
Cortland Agrees to Cooperate with Justice Department and Enter into a Settlement to End the Use of Common Rental Pricing Algorithms and Competitively Sensitive Data to Set RentsRe: DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
#3Related from 5 months ago:
DOJ sues realpage for algorithmic pricing scheme that harms renters
Re: DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
#4Penalty is a cost of doing business.
Re: DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
#5Penalty is a cost of doing business.
What a cynical, mean-spirited, counterproductive comment.
Re: DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
#6Re: DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
#7All this is good. But honestly long term thinking needs some kind of decoupling of housing being an investment and bigger taxes on second, third or other houses without having loopholes via company structure etc.
Re: DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
#8There are so many areas to invest and make money that really add to human good, progess and production.
Buying and renting houses and land so others can pay a 'baron' holds back artistic communities, slows legitimate growth and hampers small businesses. We are seeing the decay of innovation and quality of life in our communities for the financial enrichment of very few - who in real terms also suffer from the lack of diversity, choice and social climate that follows their investments.
Re: DOJ Sues Six Large Landlords for Algorithmic Pricing Scheme That Harms Millions
#9There are so many areas to invest and make money that really add to human good, progess and production. Buying and renting houses and land so others can pay a 'baron' holds back artistic communities, slows legitimate growth and hampers small businesses. We are seeing the decay of innovation and quality of life in our communities for the financial enrichment of very few - who in real terms also suffer from the lack of…
> Buying and renting houses
So you say rentals should not exist at all?