BEAMSTART Logo

The DOJ is reportedly investigating rent-setting software company RealPage

The Verge LogoThe Verge2 mo ago

The DOJ is reportedly investigating rent-setting software company RealPage - The Verge

Quick Summary:

According to a report from ProPublica, the DOJ is looking into whether the company’s rent-setting software allows landlords to coordinate and raise rent across the nation.

While data from Apartment List indicates that rental prices have decreased slightly over the past couple of months, it’s still up by 5.7 percent year over year, and a report from CNBC indicates that rent prices will continue to trend upward through 2023.

RealPage is reportedly aware that its software is helping to drive up rent, ProPublica reports, and it discourages landlords from negotiating with tenants.


More Pictures

The DOJ is reportedly investigating rent-setting software company RealPage - The Verge (Picture 1)The DOJ is reportedly investigating rent-setting software company RealPage - The Verge (Picture 2)The DOJ is reportedly investigating rent-setting software company RealPage - The Verge (Picture 3)The DOJ is reportedly investigating rent-setting software company RealPage - The Verge (Picture 4)

or

Article Details

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-26 @ 17:58:55 (2 months ago)

News Timezone: GMT -5:00

Ranking: #297 (out of 1251 stories this day)

News Source URL: news.google.com

Language: English

Article Length: 657 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Verge

News ID: 1955921

View Article Analysis

About The Verge

The Verge Logo

Main Topics: Technology

Official Website: theverge.com

Update Frequency: 10 posts per day

Year Established: 2011

Headquarters: United States

News Last Updated: 23 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #31

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "The DOJ is reportedly investigating rent-setting software company RealPage" has 657 words across 19 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "The DOJ is reportedly investigating rent-setting software company RealPage" was covered 2 months ago by The Verge, a news publisher based in United States.

How trustworthy is 'The Verge' news outlet?

The Verge is a fully independent (privately-owned) news outlet established in 2011 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 10 news stories per day.

It's most recent story was published 23 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #1955921
  • URL: https://beamstart.com/news/the-doj-is-reportedly-investigating-16694865255104

BEAMSTART brings you the latest news, database, and jobs from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting community events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2023 BEAMSTART. All Rights Reserved.