Are rental firms engaged in price fixing?

[sholomar]

New evidence suggests that a lot of rental firms are using the same app known as "Realpage" that suggests rent prices and that this could be a stealth form of collusion, despite vacancy rates going up the price of rentals has not come down.  The government agencies have been investigating.

https://www.entrepreneur.com/business-news/realpage-rent-price-fixing-probe-escalates-with-fbi-raid/475109

What's insane to me is that one investment corporation would own 85,000 apartment units. Is this consolidation of wealth into the hands of giant corporations going to pose ever more growing problems going forward?

 

 

Edited June 5 by sholomar