Rep. Gallego sends letter to FTC urging them to look into landlords, software over rent price fixing

  • 📰 abc15
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

AG Mayes says the scheme has added to Arizona's affordable housing crisis

PHOENIX — Representative Ruben Gallego has sent a letter to the Federal Trade Commission urging them to investigate alleged rental market price fixing by landlords and the software company RealPage.

There are nine major Phoenix and Tucson area landlords named as defendants in the suit, including Apartment Management Consultants , Greystar Management Services, and HSL Properties. The AG's lawsuit accuses the companies of illegally colluding to artificially raise rents and conceal their conspiracy from the public. It also accuses the companies of violating the Arizona Uniform State Antitrust Act and the Arizona Consumer Fraud act, along with costing Phoenix and Tucson-area residents millions of dollars more in rent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 263. in PROPERTY

Property Property Latest News, Property Property Headlines