Landlords are being sued for using illegal price-fixing to drive up rents across the country. They allegedly conspired with RealPage, a tech company, to use non-public data to artificially inflate rents. Rents have spiked by 26% since the pandemic.
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Ignoring whether it’s realistic or not, would a good solution be a law saying that landlords may only earn profits from rents that are people’s second (ie. not primary) homes?Edit: Ok, I just realized that what I wrote is nonsense