• @Maggoty
    link
    11 year ago

    Of note, RealPage also advised on leaving units vacant to artificially reduce supply. It did this across entire metro areas. This is very much illegal collusion.

    • @luckyhunter
      link
      11 year ago

      Besides being a stupid business model, what is illegal about hiring a consultant to advise you how to run your business? There can’t be a law saying all landlords MUST lease out all their properties is there?

      • @Maggoty
        link
        11 year ago

        There isn’t a vacancy law in the US yet afaik. But businesses talking to each other specifically to manipulate the market is very illegal. And that’s what RealPage’s entire business model is, pay to share information with your competition and everyone gets to raise rent together.

        • @luckyhunter
          link
          01 year ago

          What laws have they violated, and why haven’t the plaintiffs referenced it?

          • @Maggoty
            link
            11 year ago

            They have. That’s the entire thing is about.

            • @luckyhunter
              link
              01 year ago

              I don’t see them saying anything about it.