The DOJ just sued six corporate landlords for using algorithmic software to allegedly price-gouge millions of renters.
Some, like Camden Property Trust, have even seen their profits skyrocket and spent millions on stock buybacks while engaged in this scheme.
This is huge.
Some, like Camden Property Trust, have even seen their profits skyrocket and spent millions on stock buybacks while engaged in this scheme.
This is huge.
Comments
Trumps DOJ &/or Supreme Court w/ throw this out & probably make this software completely legal.
With our winters, it gets deadly.
Should some attorney prove that people were evicted and then died...
Keep informing me/us and we will spread these lesser heard reports.
I’m pretty sure
#housingcrisis #greed
April 2021- Big Meat fined $300M for price fixing. Biden held presser on it. Said we need to end the bottlenecks ..
HOLY COW! I searched "price fixing meat tyson JBS"
DOZENS of fines!!
which top execs got fired?
WHO WENT TO PRISON?
Need multiple players (competitors) for price fixing to 'work', otherwise, it's just ONE entity raising prices WAY UP, right?
NAME THE PERPS.. come on MSM.. TYSON, PERDUE, JBS, SMITHFIELD, Natl BEEF
but OUR ad revenue! gone
The original lawsuit was filed in August 2024…
https://www.justice.gov/opa/pr/justice-department-sues-realpage-algorithmic-pricing-scheme-harms-millions-american-renters
Rents are INSANE.
Are homes investments or a place to live?
If against foreigners (he is) buying properties, then suddenly someone who bought HIGH will lose the global market of buyers
DEFLATION
so- whatcha gonna do? no answer
I asked- so that helps you when you want to downsize, comps are $$$$ & you'll pocket some major $$$ ..
but what about the 'locals' who are priced out from foreign investors?
ha! NO ANSWER
immigrants that are the problem. The problem is the obscenely rich.
Trump gave them $2.3 trillion in tax cuts in 2016 and bribed them with $5.3 trillion more and now wants the most vulnerable to pay for them.
he loves con artists and thieves
GREED, GREED, GREED!
Aren't they going to drop this in the new administration?
Anyone who claims they believe in "free market" and doesn't hammer the shit out of these people is lying.
Why are you celebrating?
We won't be seeing this type of law enforcement from the FBI once Trump's nominee gets in.
FAFO
I’ve met many single 30 somethings with college degrees who CANNOT afford to live on their own.
Laws are rules of “Action” of the United States determined by the Union!
https://youtu.be/4bMC9NXsMwQ?si=IzyVdIwZaQC5uGiz
All the executive departments are established by, and directed by, the States as the Union assembled in the Senate!
This order, by Merrick Garland, appoints Jack Smith as special counsel, authorizing Smith to prosecute.
https://www.justice.gov/opa/file/1553901/dl?inline
So here you go! A great historical timeline of the AG & DOJ:
https://www.justice.gov/history/timeline/150-years-department-justice