corporate landlords

Biden to target ‘rent gouging’ landlords, as high housing costs factor into 2024 race

The issue of rent gouging by landlords and the soaring housing costs across the country are critical problems that are impacting working-class individuals and families. The current housing crisis, coupled with the exorbitant rent prices, is a pressing concern that needs to be addressed urgently. It is heartening to see President Biden taking steps to target corporate landlords who engage in rent gouging practices.

The use of computer-assisted rent pricing tools like RealPage has perpetuated a de-facto collusion among landlords to keep rental prices artificially high, creating an artificial scarcity model that benefits only the landlords at the expense of tenants.… Continue reading