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RealPage accused of adding $3.8 billion to U.S. renters’ rents last year

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White House has accused RealPage of adding an extra $3.8 billion to tenants’ rents last year .

DOJ recently dropped its lawsuit against RealPage , saying it vindicates the government's findings.

RealPage says the DOJ 's findings are based on the erroneous assumption that all property managers set coordinated rents, but that is not how RealPage ’s revenue management software ( RMS ) works.

Get the latest stock analysis from Benzinga ? This article The White House Estimates RealPage Software Caused U.S. Renters To Spend An Extra $3.8 Billion Last Year originally appeared on Benzinga.com 2024 Benzinga.com . Benzinga does not provide investment advice. All rights reserved..

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English

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55

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short-lived

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https://www.benzinga.com/real-estate/24/12/42703856/the-white-house-estimates-realpage-software-caused-u-s-renters-to-spend-an-extra-3-8-billion-last-yeahttps://www.benzinga.com/money/boxabl?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=42703856https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=42703856https://www.benzinga.com/money/arrived-homes-private-credit-fund?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=42703856https://www.benzinga.comhttps://www.benzinga.com/real-estate/24/09/41000406/five-emerging-tech-cities-where-home-values-are-surging-alongside-innovation?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=42703856https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9spja3yaad1&utm_source=yahoohttps://www.benzinga.com/real-estate/24/06/39388206/fbi-searches-headquarters-of-one-of-americas-largest-landlords-in-criminal-antitrust-investigation?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=42703856https://www.benzinga.com/money/connect-invest-real-estate-notes?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=42703856https://www.benzinga.com/money/bezos-landlord-100-dollars?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=42703856https://www.benzinga.com/quote/AAPL?getReport=1https://www.benzinga.com/real-estate/24/12/42316898/4-million-homes-short-what-scott-turners-hud-leadership-could-mean-for-affordable-housing?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=42703856https://www.benzinga.com/quote/TSLA?getReport=1

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