Author: By Drew Hamrick
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The myth of computerized price fixing in rental housing | PODIUM
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by
Drew Hamrick There’s a growing misconception large residential property management companies charge above-market-rate rent by using computerized pricing algorithms. This claim is the basis of both a highly publicized class-action lawsuit and a U.S. Department of Justice probe/PR campaign. The more complicated reality is rental price fixing does not happen. The less dramatic truth is…

