Lemmy.one
  • Communities
  • Create Post
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 2 years ago

Feds raid corporate landlord, escalating nationwide criminal probe of rent increases

popular.info

external-link
message-square
21
fedilink
  • cross-posted to:
  • usa@lemmy.ml
98
external-link

Feds raid corporate landlord, escalating nationwide criminal probe of rent increases

popular.info

☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 2 years ago
message-square
21
fedilink
  • cross-posted to:
  • usa@lemmy.ml
Over the last four years, rents have skyrocketed by an average of over 30% nationwide and are a major factor in the overall inflation rate. There are a variety of factors behind the increases, including an overall housing shortage. But the Department of Justice is investigating another potential cause: a massive criminal conspiracy among large landlords.
alert-triangle
You must log in or # to comment.
  • CyborgMarx [any, any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    55
    ·
    2 years ago

    Arizona’s lawsuit alleges that RealPage “puts significant pressure on participants to ensure they adopt RealPage’s prices.” Specifically, RealPage employs “pricing advisors” who “meet with landlords to ensure that properties are implementing RealPage’s set rates.” This is described by Arizona as “policing the conspiracy to make sure no one cheats by lowering prices and trying to gain market share.” RealPage training materials, cited in the DC lawsuit, advise that landlords “should be compliant” with the software’s pricing recommendations. The Arizona lawsuit claims that landlords “agree that if they fail to consistently implement RealPage’s set rates, their contract with RealPage will be terminated.” Jeffrey Roper, who created the RealPage algorithm, explained that if “you have idiots undervaluing, it costs the whole system”

    mao-shining

  • SexUnderSocialism [she/her]@hexbear.net
    link
    fedilink
    English
    arrow-up
    55
    ·
    2 years ago

    But the Department of Justice is investigating another potential cause: a massive criminal conspiracy among large landlords

    Being a landlord in itself should be a massive criminal conspiracy. landlord-spotted

    • Stolen_Stolen_Valor [any]@hexbear.net
      link
      fedilink
      English
      arrow-up
      49
      ·
      edit-2
      2 years ago

      Specifically, RealPage employs “pricing advisors” who "meet with landlords to ensure that properties are implementing RealPage’s set rates”

      You’re describing price fixing. You are literally describing the crime you are committing. he-admit-it

      You either have to be impossibly stupid to do this and/or extremely evil - also confident your government is so broken they won’t come after you with antitrust laws.

      • CarbonScored [any]@hexbear.net
        link
        fedilink
        English
        arrow-up
        13
        ·
        edit-2
        6 months ago

        deleted by creator

        • GoebbelsDeezNuts [any]@hexbear.net
          link
          fedilink
          English
          arrow-up
          11
          ·
          2 years ago

          pete

  • Bloobish [comrade/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    54
    ·
    2 years ago

    If this was China or Vietnam this mfer would get the death penalty

    • take_five_seconds [he/him, any]@hexbear.net
      link
      fedilink
      English
      arrow-up
      31
      ·
      2 years ago

      waow-based

    • RedWizard [he/him, comrade/them]@hexbear.net
      link
      fedilink
      English
      arrow-up
      15
      ·
      2 years ago

      sicko-wistful

  • Stolen_Stolen_Valor [any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    43
    ·
    2 years ago

    There are a variety of factors behind the increases, including an overall housing shortage.

    There 28 vacant homes for every one person experiencing homelessness in the U.S.

    There are a variety of factors behind the increases, including an overall housing shortage.

    There 28 vacant homes for every one person experiencing homelessness in the U.S.

    There are a variety of factors behind the increases, including an overall housing shortage.

    There 28 vacant homes for every one person experiencing homelessness in the U.S.

    Dental plan!

    • Abracadaniel [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      8
      ·
      2 years ago

      The vacant homes aren’t in the same places the homeless people are trying to live tho.

      • ksynwa_from_lemmygrad [he/him, des/pair]@hexbear.net
        link
        fedilink
        English
        arrow-up
        41
        ·
        2 years ago

        The overall number of people experiencing homelessness in San Francisco increased 7% to more than 8,300 people since the last count in 2022, according to data released Thursday. (Probably a huge undercount.)

        An estimated 40,458 homes and condos are sitting vacant in San Francisco, and that number could potentially go down if the city were to introduce a vacancy tax that would fine homeowners who leave their properties empty, a new report released Monday by the city’s budget and legislative analyst said.

        • Abracadaniel [he/him]@hexbear.net
          link
          fedilink
          English
          arrow-up
          6
          ·
          2 years ago

          Happy to be proven wrong on this lol.

          Quickest way to get an answer on the Internet is to confidently post a wrong answer.

      • Hello_Kitty_enjoyer [none/use name]@hexbear.net
        link
        fedilink
        English
        arrow-up
        6
        ·
        2 years ago

        which could easily be solved if the government didn’t tax the working class for existing

      • GoebbelsDeezNuts [any]@hexbear.net
        link
        fedilink
        English
        arrow-up
        4
        ·
        2 years ago

        Totally real person when there is vacant housing in Vermont but they’re homeless in NYC. “Hey I’m tryin’ to die of exposha ova here”

  • callTheQuestion [any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    32
    ·
    2 years ago

    what’re they going to do, fine them for 3% of the money they made?

  • take_five_seconds [he/him, any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    27
    ·
    2 years ago

    holy shit not posted in fakenews

    • take_five_seconds [he/him, any]@hexbear.net
      link
      fedilink
      English
      arrow-up
      24
      ·
      2 years ago

      nothing good will happen tho, some dickhead just wasn’t paying taxes or something

  • RedWizard [he/him, comrade/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    27
    ·
    2 years ago

  • Rx_Hawk [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    25
    ·
    2 years ago

    Someone didn’t lobby enough

  • GrouchyGrouse [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    22
    ·
    2 years ago

    Remember when there were a few of them uncomfortable with the “lord” part of landlord? Persons of property? Land people? Whatever fucking shit they came up with?

    hasan-stfu

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      link
      fedilink
      English
      arrow-up
      7
      ·
      2 years ago

      lol yeah

      • GrouchyGrouse [he/him]@hexbear.net
        link
        fedilink
        English
        arrow-up
        8
        ·
        2 years ago

        Funny how the lord part really isn’t the part that matters. We want the land, motherfuckers. frog-no-pretext

news@hexbear.net

news@hexbear.net

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@hexbear.net

Welcome to c/news! We aim to foster a book-club type environment for discussion and critical analysis of the news. Our policy objectives are:

  • To learn about and discuss meaningful news, analysis and perspectives from around the world, with a focus on news outside the Anglosphere and beyond what is normally seen in corporate media (e.g. anti-imperialist, anti-Zionist, Marxist, Indigenous, LGBTQ, people of colour).

  • To encourage community members to contribute commentary and for others to thoughtfully engage with this material.

  • To support healthy and good faith discussion as comrades, sharpening our analytical skills and helping one another better understand geopolitics.

We ask community members to appreciate the uncertainty inherent in critical analysis of current events, the need to constantly learn, and take part in the community with humility. None of us are the One True Leftist, not even you, the reader.

Newcomm and Newsmega Rules:

The Hexbear Code of Conduct and Terms of Service apply here.

  1. Link titles: Please use informative link titles. Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed.

  2. Content warnings: Posts on the newscomm and top-level replies on the newsmega should use content warnings appropriately. Please be thoughtful about wording and triggers when describing awful things in post titles.

  3. Fake news: No fake news posts ever, including April 1st. Deliberate fake news posting is a bannable offense. If you mistakenly post fake news the mod team may ask you to delete/modify the post or we may delete it ourselves.

  4. Link sources: All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. If you are citing a Twitter post as news, please include the Xcancel.com (or another Nitter instance) or at least strip out identifier information from the twitter link. There is also a Firefox extension that can redirect Twitter links to a Nitter instance, such as Libredirect or archive them as you would any other reactionary source.

  5. Archive sites: We highly encourage use of non-paywalled archive sites (i.e. archive.is, web.archive.org, ghostarchive.org) so that links are widely accessible to the community and so that reactionary sources don’t derive data/ad revenue from Hexbear users. If you see a link without an archive link, please archive it yourself and add it to the thread, ask the OP to fix it, or report to mods. Including text of articles in threads is welcome.

  6. Low effort material: Avoid memes/jokes/shitposts in newscomm posts and top-level replies to the newsmega. This kind of content is OK in post replies and in newsmega sub-threads. We encourage the community to balance their contribution of low effort material with effort posts, links to real news/analysis, and meaningful engagement with material posted in the community.

  7. American politics: Discussion and effort posts on the (potential) material impacts of American electoral politics is welcome, but the never-ending circus of American Politics© Brought to You by Mountain Dew™ is not welcome. This refers to polling, pundit reactions, electoral horse races, rumors of who might run, etc.

  8. Electoralism: Please try to avoid struggle sessions about the value of voting/taking part in the electoral system in the West. c/electoralism is right over there.

  9. AI Slop: Don’t post AI generated content. Posts about AI race/chip wars/data centers are fine.

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 578 users / day
  • 1.37K users / week
  • 1.79K users / month
  • 3.39K users / 6 months
  • 10 local subscribers
  • 24.5K subscribers
  • 9.54K Posts
  • 231K Comments
  • Modlog
  • mods:
  • Alaskaball [comrade/them, any]@hexbear.net
  • carpoftruth [any, any]@hexbear.net
  • Breath_Of_The_Snake [they/them, comrade/them]@hexbear.net
  • Infamousblt [any]@hexbear.net
  • BE: 0.19.7
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code
  • join-lemmy.org