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Landlords use RealPage to jack up rents, often with the majority of units in a city using the software, allowing it to raise rents in unison - leading to FBI raids and a criminal investigation Turns out RealPage is the brain-child of Harlan Crow, most famous for taking Clarence Thomas on vacations
FBI raid on real estate company linked to Harlan Crow's RealPage rental price fixingwww.dailykos.com A tip of the hat to David Cay Johnston, who opened his interview on the Mark Thompson Show yesterday by noting a story that, so far as I can tell at this time, has been completely blacked out of the n...
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I’ve said for some time it's not inventory driving rents. I’ve kept hearing the term “market rates” from landlords when “market rates” haven't meshed w/ local average income. It reminded me of the values during the no-money-down-no-income lending. And there is all the part-empty luxury apartments.🙄
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