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Top multifamilydive.com News
Business · United StatesGreystar, the nation’s largest landlord, has reached a $7 million settlement with nine states that sued the property management giant for using rent-setting algorithms that officials have blamed for driving up housing costs.
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Largest US landlord to pay $7 million to settle rent‑setting algorithm lawsuit
55% Center coverage: 72 sources
Business · United StatesLandlords could no longer rely on rent-pricing software to quietly track each other’s moves and push rents higher using confidential data, under a settlement between RealPage Inc. and federal prosecutors to end what critics said was illegal “algorithmic collusion.”
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New limits for a rent algorithm that prosecutors say let landlords drive up prices
58% Center coverage: 71 sources
