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Department of Justice Opens Criminal Investigation Into “Housing Cartel”
Manage episode 414293812 series 2539302
Content provided by Strong Towns. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Strong Towns or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
The U.S. Department of Justice is opening a criminal investigation into a major software company called RealPage, which is described in the lawsuit as the “big tech” company of rental housing. It provides software that is used by landlords (and, typically, landlords who are large holders of rental property) to estimate supply and demand for their listings in order to help them maximize rents. The question is whether or not RealPage is facilitating algorithmic price fixing for some of the largest residential property owners and management firms—amounting to what DC Attorney General Brian Schwalb has described as a “housing cartel.” And since Strong Towns has just released Escaping the Housing Trap: The Strong Towns Response to the Housing Crisis, we figured there was no better time to discuss this story than now.
ADDITIONAL SHOW NOTESOrder your copy of Escaping the Housing Trap: The Strong Towns Response to the Housing Crisis today!
“DOJ escalates price-fixing probe on housing market,” by Josh Sisco, Politico (March 2024).
168 episoade
Distribuie
Manage episode 414293812 series 2539302
Content provided by Strong Towns. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Strong Towns or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
The U.S. Department of Justice is opening a criminal investigation into a major software company called RealPage, which is described in the lawsuit as the “big tech” company of rental housing. It provides software that is used by landlords (and, typically, landlords who are large holders of rental property) to estimate supply and demand for their listings in order to help them maximize rents. The question is whether or not RealPage is facilitating algorithmic price fixing for some of the largest residential property owners and management firms—amounting to what DC Attorney General Brian Schwalb has described as a “housing cartel.” And since Strong Towns has just released Escaping the Housing Trap: The Strong Towns Response to the Housing Crisis, we figured there was no better time to discuss this story than now.
ADDITIONAL SHOW NOTESOrder your copy of Escaping the Housing Trap: The Strong Towns Response to the Housing Crisis today!
“DOJ escalates price-fixing probe on housing market,” by Josh Sisco, Politico (March 2024).
168 episoade
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Similar cu Upzoned
The Village Global podcast takes you inside the world of venture capital and technology, featuring enlightening interviews with entrepreneurs, investors and tech industry leaders. Learn more at www.villageglobal.vc.
…
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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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