November, 2022, DOJ Investigation of RealPage and YieldStar

In November 2022, the United States Department of Justice’s Antitrust Division opened an investigation into RealPage, which is accused of contributing to higher rent prices throughout the United States. The company’s Yield Star software uses an algorithm to “help landlords push the highest possible rents on tenants.” Civil rights groups are investigating them for redlining or restricting or giving worse terms (higher interest rates, fees) financial and other services to residents of area based on their race or other protected class.


Source: https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent

by client May 28, 2024