BiggerPockets Daily 1405 - “Housing Cartel” Investigated by the DOJ Puts Landlords on Alert by Jeff Vasishta
Aug 19, 2024
In this engaging discussion, Jeff Vasishta from Cortland Management, one of America's largest landlords, sheds light on a serious investigation by the DOJ regarding alleged antitrust violations. They delve into the controversial ties between corporate landlords and RealPage’s pricing algorithms that might be driving up rents nationwide. Cortland, managing 85,000 units across 13 states, faces significant legal scrutiny amid growing class action lawsuits from renters, highlighting urgent issues in the housing market.
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