Search Results for

Clear All Filters

June 04, 2024

Andrea Beaty Vishal Shankar

Press Release Corporate CrackdownDepartment of JusticeHousing

RELEASE: Justice’s Raid of Cortland Management Hopefully Foretells an Energized Crackdown on Price-Fixing

The DOJ’s raid on Cortland is an encouraging sign that the Biden administration is taking the threat of price-fixing in the rental market seriously. While President Biden’s housing platform is focused on the ever-important housing supply issue, increasing supply alone will not decrease rents when large swaths of the market are colluding instead of competing. Biden must call out corporations like RealPage and Cortland and their senior executives by name for their apparent rent-gouging and leaving American families in desperate straits.