The DOJ accused RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.
  • 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.”
    • shalafi@lemmy.worldBanned from communityEnglish
      17·
      8 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.

    • auzy@lemmy.world
      2·
      8 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

  • Granbo's Holy Hotrod@lemmy.world
    211·
    8 months ago

    “Allows landlords to manipulate…” What are we saying? They shuffle the responsibility of being an asshole onto the software? End of the day landlords were greedy bitch’s.

    • dhork@lemmy.worldEnglish
      9·
      8 months ago

      They shuffle the responsibility of being an asshole onto the software?

      That’s quite literally it. It’s much easier to raise rents when the magic computer tells you to do it. Then no human in your organization actually has to take responsibility for the decision.

    • BetaBlake@lemmy.world
      5·
      8 months ago

      If Kamala wins, I hope she chooses somebody with some more teeth as the AG. I like Doug Jones personally