Real Estate Software Aided Price-Fixing “Cartel” Among US Property Companies
The ultimate outcomes of recent lawsuits may have a precedent-setting impact amid the US’s affordable housing crisis.
The rent is, infamously, too damn high. That refrain has such staying power because the United States’s noxious rent crisis has shown no signs of abating, with rents rising over 30 percent since 2019. All manner of ill effects have resulted; the rapid simultaneous growth of the homelessness crisis is no coincidence. Obfuscations aside, the correlation there is quite direct. But the origins of…