America’s landlords settle claim they used rent-setting algorithms to gouge consumers nationwide for $141 million
PositiveFinancial Markets

In a significant move for renters, America's largest landlords, including Greystar, have agreed to a $141 million settlement over allegations of using rent-setting algorithms to unfairly inflate prices. This settlement, with Greystar contributing $50 million, is a win for consumers who have faced rising rents. It highlights the growing scrutiny of how technology can impact housing affordability and aims to ensure fairer practices in the rental market.
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