Besides being a stupid business model, what is illegal about hiring a consultant to advise you how to run your business? There can’t be a law saying all landlords MUST lease out all their properties is there?
There isn’t a vacancy law in the US yet afaik. But businesses talking to each other specifically to manipulate the market is very illegal. And that’s what RealPage’s entire business model is, pay to share information with your competition and everyone gets to raise rent together.
Besides being a stupid business model, what is illegal about hiring a consultant to advise you how to run your business? There can’t be a law saying all landlords MUST lease out all their properties is there?
There isn’t a vacancy law in the US yet afaik. But businesses talking to each other specifically to manipulate the market is very illegal. And that’s what RealPage’s entire business model is, pay to share information with your competition and everyone gets to raise rent together.
What laws have they violated, and why haven’t the plaintiffs referenced it?
They have. That’s the entire thing is about.
I don’t see them saying anything about it.