US Justice Department accuses six major landlords of scheming to keep rents high

  • Posted on January 7, 2025
  • By Bing News
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US Justice Department accuses six major landlords of scheming to keep rents high

DENVER (AP) — The U.S. Justice Department is suing several large landlords for allegedly coordinating to keep Americans’ rents high by using both an algorithm to help set rents and privately sharing sensitive information with their competitors to boost profits. The lawsuit arrives as U.S. renters continue to struggle under a merciless housing marke...
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