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The Markup spotlights California's inflated real estate market, much of which is due to a software company called RealPage. Landlords are using AI to raise rents—and cities are starting to push back
RealPage, Inc. is an American property management software company, owned by the private equity firm Thoma Bravo, and known for its algorithmic rent setting, which has been accused of antitrust violations and price fixing. Its services are used to manage more than 24 million housing units worldwide in multifamily, commercial, single-family, and ...
In April 2017, a Norfolk, Massachusetts, jury awarded a jewelry store over $34,000 after it determined that its competitor's employee had filed a false negative Yelp review that knowingly caused emotional distress. [144] In December 2019, Yelp won a court case that challenged the company's explanation of how its review recommendation software ...
Like most software development, initial rental software systems were developed in the 1970s and 1980s as custom or bespoke solutions provided for individual rental companies and occurred in parallel in locations across the globe. In the last two decades a number of leading players have emerged providing solutions for everything from one or two ...
In the tenant’s consolidated lawsuit, which includes Miami residents, they claim that the widespread adoption of RealPage’s revenue management software “has caused rent to increase ...
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