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RealPage claims the allegations against the company are false, and insists that RealPage customers decide their own rent prices and can reject the algorithm's recommendations. The company added ...
The Department of Justice sues real estate tech company RealPage, alleging its software enables landlords to hike rents higher than they otherwise could. U.S. sues RealPage, alleging its software ...
RealPage, Inc. is an American property management software company, owned by the private equity firm Thoma Bravo, and known for its algorithmic rent setting, which has been accused of antitrust violations and price fixing. Its services are used to manage more than 24 million housing units worldwide in multifamily, commercial, single-family, and ...
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41.18, also known as Los Angeles Municipal Code, Section 41.18(d) (1963, amended 2021), is an ordinance in Los Angeles mandating by law that there will be no "sitting, lying, or sleeping, or ... storing, using, maintaining, or placing personal property in the public right-of-way."
The law requires that landlords act in "in good faith to take the unit permanently off the rental market" when withdrawing a property from the rental market. A family in Los Angeles successfully sued the landlord and, in a jury trial, won the right to remain in the rental, because they demonstrated that the landlord was not acting in good faith ...
According to members of Congress, RealPage helped manage over 19 million of the 48.5 million total rental units in the US as of last year — just under 40% of all rental units in the country.
Rent Control: Regulation and the Housing Market. Center for Urban Policy Research, ISBN 0-88285-159-4. McDonough, Cristina (2007). "Rent Control and Rent Stabilization as Forms of Regulatory and Physical Taking." Boston College Environmental Affairs Law Review, Vol. 34 pp. 361–85. Niebanck, Paul L., editor (1986). The Rent Control Debate.
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