As you may know by now, the Department of Justice filed an antitrust lawsuit against RealPage, a real estate software company, blaming it for enabling landlords to collude to raise rents. But precisely how much this software contributed to rent inflation is something Matt Stoller, director of research at the American Economic Liberties Project, took it upon himself to calculate.
“About a quarter of rental inflation is potentially due to this price fixing conspiracy orchestrated by RealPage and some of the big corporate landlords,” he told Fortune, while acknowledging he isn’t necessarily an expert on rental data. “It could be more, it could be less. We don’t totally know.”
