- cross-posted to:
- brainworms@lemm.ee
- cross-posted to:
- brainworms@lemm.ee
Summary
The U.S. Justice Department, joined by 10 states, has sued six major landlords and RealPage, a company behind a rent-setting algorithm, accusing them of colluding to keep rents high by sharing sensitive pricing data and avoiding competition.
The landlords, operating over 1.3 million units, allegedly used RealPage’s algorithm and coordination to align rents, exacerbating the housing crisis.
One landlord has agreed to cooperate with prosecutors.
Critics argue this scheme worsens affordability issues for renters, who already face record rent burdens amid a strained housing market.
They should have a criminal charge for crimes against the economy. They did this to us. They made it this way. There needs to be tangible justice.
This was the point of the Reagan Revolution, the trickle down economics con, and the federalist society takeover that began under Reagan.
The owners spent decades removing accountability from the owners and any hope for accountability’s return under the current completely captured, warped, and owned constitutional framework.
There’s no voting our way out of this greed prison, as they own both major parties since Reagan. Want a just society? Move to a nation our government hasn’t yet coerced into becoming as bad as us, or help foment L style revolution for a new constitution and nation, this one is too captured for any rational hope.
Unless you think continuing to play this game will lead to a just society. Neoliberals are just the “good cop” in our illusion of choice. We have no vote on the shape or priorities of the economy we live in servitude of, only the social wedges the owners sow division amplifying with for profit media and captured political bully pulpits. “You hate them for being different! They hate you for being different! Fight! Don’t look up!”