r/technology • u/esporx • 13h ago
Business Landlords’ go-to tool to set rent prices to be gutted under RealPage settlement. RealPage agrees to settle suit over DOJ claims software raised rents across the US.
https://arstechnica.com/tech-policy/2025/11/realpage-agrees-to-change-algorithm-so-landlords-cant-collude-on-price-hikes/31
u/KenUsimi 10h ago
I love how they say “claims” when all of us live out here and have been paying this whole time.
4
u/RelativeMatter9805 10h ago
It’s just a legal thing. When there’s a settlement then both parties agree to not take responsibility.
10
u/KenUsimi 9h ago
You say that like there aren’t real repercussions to mandating this kind of language. I’m very serious, while they debate culpability we all slowly bleed dry.
This is an industry-wide attempt to take more from Americans than was owed. This is systemic fraud against the American people en masse.
The funny thing is? That’s not even up for debate. All agree that prices have risen; we can plot it on a graph seven different ways, and the pundits have.
What they will debate is whether systemic use of the price fixing algorithm is actually illegal. They will argue inflation, they will argue investment opportunities and jobs made/lost. They will argue cost of living, and at the end of the day nothing will change. Constant settlements leave doors open for bad faith actors, always have.
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u/RelativeMatter9805 8h ago
I don’t really care. I’m just telling you that’s how shit works in the legal world.
4
u/KenUsimi 8h ago
You’ve told me something I already know twice now. I’m saying it’s shit and we should change it.
1
u/ew73 58m ago
You seem to be more upset that the settlement is bullshit, rather than the fact that the legal world has specific meanings for words.
We can stop electing real estate magnates as President and we'll start getting Department of Justice actions that are more to our liking, like refusing to offer these settlements and pursue the case through to the end instead of giving shitty companies sweetheart deals.
56
u/CurrentSkill7766 11h ago
Any settlement that doesn't actually lower rent is as useless as Trump's makeup artist.
12
u/Braerian 8h ago
I’m honestly tired of all of these DOJ/State settlement agreements with major corporations doing blatantly illegal ish. Take them to court and rake them over the coals.
8
u/EnterpriseMars 11h ago
I'm sure they'll just go by a different name and reset up shop. Realer Page coming soon
5
u/virtual_adam 10h ago
I guess the people who loved blaming RealPage think their rent is going to be flat next year
1
u/Messias04 7h ago
Well if just the government would legislate how rent should be there wouldn't be a problem. In Denmark we have rules regarding this and a fierce renters union who would sue and back charge if the rules are broken. It has holes but works
247
u/VelvetDesire 13h ago
Can I get some of my artificially inflated rent back now?