Company that makes rent-setting software for landlords sued for collusion

RealPage worked with some of the nation’s largest landlords to raise rents, says lawsuit.

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[A Man A Plan A Canal Panama]

This app certainly doesn’t help, but housing becoming a speculative asset to put money in and not a roof over your head is what caused this.

Break the big conglomerates and ban things like hotel houses and that will also help a lot.

That would be a great start. I would like to add, ban foreign ownership of local real estate, especially not owner occupied at least 51% of the year.

Other countries do that, for good reasons.

 

[A Man A Plan A Canal Panama]

This app certainly doesn’t help, but housing becoming a speculative asset to put money in and not a roof over your head is what caused this.

Break the big conglomerates and ban things like hotel houses and that will also help a lot.

That would be a great start. I would like to add, ban foreign ownership of local real estate, especially not owner occupied at least 51% of the year.

Other countries do that, for good reasons.

On one hand, I would really support that to avoid homes being built specifically for wealthy foreign investors (this is a big issue in NYC) as piggybanks. On the other hand, given the animosity towards foreigners from one of the two major parties, I suspect this would end up targeting foreigners working on visas while leaving a big loophole for the billionaire investor class.

I see what you mean... That's why I said must be owner occupied for 51% of the year. That way, foreign nationals are welcome to own their residence. No exceptions for $billionaires. They have plenty of other tax loopholes that us plebes can't use... and also need patching...