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Robin for Mpls@robin4mpls.bsky.social |
Rent-fixing software companies like RealPage and Yardi Systems use centralized algorithms to allow landlords to allegedly collude, jacking up rents and purposefully keeping apartments vacant. Here's Minneapolis apartment building PureLowry promoting their use of Yardi Systems. 🧵
1 replies 4 reposts 9 likes
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Robin for Mpls
@robin4mpls.bsky.social
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"In a 2021 promotional video cheering on the nation’s unprecedented 14 percent year-over-year average rent increase, RealPage VP Andrew Bowen said, "I think [Yieldstar is] driving it, quite honestly." Now these companies are facing lawsuits, FBI raids and DOJ investigations.
1 replies 1 reposts 2 likes