@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.
Ars Technica · 14 big landlords used software to collude on rent prices, DC lawsuit saysSuit claims employees were told pricing outside the algorithm was "unacceptable."