Landlords Are Accused of Colluding to Raise Rents. See Where.

Abstract

[QUOTE]

"“Nationally, it’s kind of a perfect storm for tenants right now,” said Brandon Weiss, a professor and senior associate dean at American University’s Washington College of Law.

In December, Harvard’s Joint Center for Housing Studies said the number of cost-burdened renters — people paying more than 30 percent of their incomes on rent and utilities — reached a record high of 22.6 million households in 2023. “[RealPage] very well may be having an impact given the number of units that are under management that are using the software,” Weiss said."

"For Weiss, however, the allegations against RealPage are part of troubling trends in the rental market, including the unprecedented accumulation of rental units by opaque management companies and highly localized housing laws that struggle to protect tenants.

“It all leads to power imbalances between landlords and tenants,” Weiss said."

Source Publication

The Washington Post

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