DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high - eviltoast
  • The Department of Justice accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.
  • RealPage “allows landlords to manipulate, distort, and subvert market forces,” the Justice Department said in the federal civil antitrust lawsuit.
  • Attorney General Merrick Garland said, “Everybody knows the rent is too damn high, and we allege this is one of the reasons why.
    • subignition@fedia.io
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      3 months ago

      i upvoted you, but if a single downvote is provoking that kind of an edit from you, you really need to take a break from the internet for a while

    • shalafi@lemmy.world
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      3 months ago

      AirBnB is a classic example of us Americans taking a great idea and running it in the ground for profit at the expense of society at large.

      What if I have more house than I need and live in a nice area? Rent a room or two out to short-term visitors! I get a little folding money, they get a better and cheaper experience than a hotel.

      Then these fuckers started buying homes strictly to make their little hotels. We have to dial this in, and while I’m often skeptical of solving issues with legislation vs. the free market, we seem to be too stupid to stop paying these parasites.

      It if makes you feel any better, it looks like the bubble has burst on these damned houses, lots of people going to eat shit in the coming years. I hope.

      • shalafi@lemmy.world
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        3 months ago

        It’s a good idea and has it’s place. But see my comment about us Americans taking a good thing and trying to wring every penny out of it, thereby hurting the rest of us.

    • Dudewitbow@lemmy.zip
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      3 months ago

      a lot of cities and neighborhoods ban AirBnB.

      if you have an airbnb problem, should bring it up at a local city council meeting to get shit done or an HoA if you live in an HoA neighborhood . its of the few things that actually do work and has shown to work in places.

    • auzy@lemmy.world
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      3 months ago

      Last one I went to, booked it, got half way there and the owner said they hadn’t approved the booking and tried to blame Airbnb. They tried to get me to tell Airbnb I changed my mind lol

      Another one, we brought ice cream because in the photos there was a freezer. It was completely full of ice though so couldn’t put the ice cream in

      It’s so disappointing that hotels are simply so much better. Airbnb had so much potential