US Government Sues RealPage, Alleging Role in Inflating Rents Through Algorithmic Coordination
The U.S. Department of Justice (DOJ) has filed a lawsuit against RealPage, a prominent software company, accusing it of contributing to the nation’s housing crisis by facilitating rent hikes through illegal coordination among landlords. The DOJ alleges that RealPage’s algorithm allowed landlords to share private rental data, undermining competition and driving up rent prices across…