Department of Justice Opens Criminal Investigation Into “Housing Cartel”

Department of Justice Opens Criminal Investigation Into “Housing Cartel”

Author: Strong Towns April 24, 2024 Duration: 56:42
The U.S. Department of Justice is opening a criminal investigation into a major software company called RealPage, which is described in the lawsuit as the “big tech” company of rental housing. It provides software that is used by landlords (and, typically, landlords who are large holders of rental property) to estimate supply and demand for their listings in order to help them maximize rents. The question is whether or not RealPage is facilitating algorithmic price fixing for some of the largest residential property owners and management firms—amounting to what DC Attorney General Brian Schwalb has described as a “housing cartel.” And since Strong Towns has just released Escaping the Housing Trap: The Strong Towns Response to the Housing Crisis, we figured there was no better time to discuss this story than now. ADDITIONAL SHOW NOTES Order your copy of Escaping the Housing Trap: The Strong Towns Response to the Housing Crisis today! “DOJ escalates price-fixing probe on housing market,” by Josh Sisco, Politico (March 2024). Abby Newsham (X/Twitter). Chuck Marohn (X/Twitter). Theme Music by Kemet the Phantom.

Each week, Upzoned takes a single, pressing story from the world of urban development, municipal policy, and community economics and holds it up to the light. Hosts Abby Kinney and Chuck Marohn of Strong Towns, sometimes joined by a guest, don't just skim the headlines. They dig into the nuances of a specific zoning decision, a new infrastructure project, or a shifting demographic trend, asking what it reveals about how we actually build our cities, towns, and neighborhoods. The conversation is grounded in the practical, bottom-up philosophy of the Strong Towns movement, making complex topics accessible and immediately relevant. This isn't a broad news recap; it's a focused, thoughtful dissection for anyone curious about why their community looks and functions the way it does. You'll hear informed debate, critical analysis, and a persistent questioning of conventional wisdom, all aimed at understanding how we can create places that are financially resilient and genuinely enriching for the people who live in them. Tune in for a deeper, more substantive take on the stories that shape our shared spaces.
Author: Language: English Episodes: 100

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