RealPage Conspiracy Theories
Happy Tuesday and welcome to another edition of Rent Free. This week, we look at whether shadowy real estate companies and their rent-recommendation software have really created an unbeatable apartment cartel. Is RealPage Really Responsible for Rent Hikes? Among the many alternative explanations to the idea that American housing prices are artificially high because of regulatory limits on new home construction, one theory in particular is gaining popularity: that rent-recommending software is enabling landlords to jack up rents to above-market levels. By this telling, cities' rental markets ar...