@LilahTovMoon@tech.lgbtLandlords are being sued for colluding on rent increases. When more than 90% of units in large buildings have their rent controlled by the same software, it acts as a cartel to raise rents. If all landlords can coordinate rent hikes, it puts pricing power in their hands.
@housepanther@masto.goblackcat.net@LilahTovMoon This is why we need universal guaranteed public housing for all who want it.
@housepanther @LilahTovMoon public housing should be the norm for everyone.
@LilahTovMoon I wish I had faith that this would lead to positive change. Landlords are the worst.
@LilahTovMoon seems like a pretty good A.G.
@LilahTovMoon they do it everywhere.
@LilahTovMoon
I mean, isn't this the literal definition of a cartel?
@LilahTovMoon The same company, RealPage, is being sued in a bunch of other places too. I have an interest because the management company for the house I rent uses RealPage and made it clear last time I probed about rent that they ignore rents on similar houses in the area and set their rents entirely based on the rates given them by RealPage.
@LilahTovMoon keep corporate America out of residential housing. Change policy to make sure anything shady that harms average citizens will be held against those that promote shady practices
@LilahTovMoon I tell everyone the same thing about rent control but nobody listens.
@LilahTovMoon
This is more or less an admission that a capitalist market is failing in the housing sector; they aren’t competing, so it’s not efficient. Sounds like a good reason to adopt a new system.
@Amimoregore@mas.to@LilahTovMoon One of those named in the lawsuit owned the building I lived in until earlier this year. The company that owns it now isn't named but they still raised our rent, which has been raised yearly. It sucks and we're feeling pressure to leave DC