Of all the reasons why your rent’s too high, did you have an algorithm-powered illegal cartel on your list?

Millions of people across the U.S. pay far more rent than they can reasonably afford. There’s a surprising factor driving up rental prices: landlords colluding with the help of technology, according to a new lawsuit #PriceFixing #rent #economy
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Robo price-fixing: Why the Justice Department is suing a software company to stop landlords colluding on rents

RealPage, Inc. provides software that lets landlords keep rental prices high. The Justice Department cried foul on the price-fixing practice.

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