And immediate consequences will result for the violators I assume?
I just read the joint legal brief, and, I have to say up front that I am not remotely a lawyer… but the document specifies how and where to identify price fixing, and that motions to dismiss those charges are to be dismissed.
So it doesn’t dictate the penalties for price fixing (I assume that’s on a trial by trial basis—but again, not a lawyer), but it makes it impossible(?) to ignore, and suggests that (to me), users of ‘RENTMaximizer’ will be in the crosshairs… while not actually stating that.
Thanks, friend. My optimism has increased by 3-5%. It now sits at 3-5%. (Seriously, thanks though. That’s some quality researching)
If they can show collusion amongst landlords in the form of them all agreeing to use software like rentmaximizer, yes. But if individual landlords see an ad for rentmaximizer, or even hear about it through word of mouth, and decide to use it on their own, not via a shared agreement with other landlords, then it’s not collusion.
Society shouldn’t be set up to keep people renting for their entire lives. It was like 3 generations ago that you could realistically get a home in your 30’s on a single paycheck.
You still can, you just need to leave major cities.
Unfortunately, entitlement goes both ways for renters and landlords. They think they’re entitled to maximize profit, you think you’re entitled to live in places you can’t afford.
Just unchecked greed all around, and the real people who suffer are the ones living in areas “not good enough” for you. But hey, you should get more before them, right?
Edit to all the downvoters: wake me up when somebody else solves your problems for you. I can wait.
i really wish we could mute words on here, because anyone throwing around the word ‘entitled’ definitely has sinister motives at best
yes, people are ENTITLED to a place to live without being gouged their whole lives.
