Rental

RealPage Faces Lawsuits Alleging Rental Market Cartel Collusion: What This Means for Renters and Landlords

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DALLAS, TEXAS – Lawsuits filed against RealPage, a Texas-based company, have brought attention to the role of algorithms in the rental market. The company is being accused of facilitating a cartel among major property managers, leading to higher rents for tenants and increased profits for landlords who utilize RealPage’s software. RealPage, however, denies any wrongdoing. The lawsuits have shed light on a new facet of cartel behavior, challenging conventional understanding of the concept. By allegedly creating a system that enables collusion among property managers, RealPage stands accused of manipulating prices and limiting competition within the … Read more

Minnesota Implements Sweeping Rental Protections, Shifting the Balance between Landlords and Tenants

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MINNEAPOLIS, Minnesota – A series of new renter protections that came into effect on January 1 has brought significant changes to landlord rules in Minnesota. The complexity of the new state law changes has left many renters and landlords struggling to fully understand them. The changes range from implementing a grace period before evictions to mandating 24-hour notice before a landlord enters a rental unit. According to Cecil Smith, CEO of the Minnesota Multi Housing Association, these changes mark the most significant overhaul of landlord-tenant law in the state in at least 15 years. He … Read more