Story perspectives
Maryland Sues RealPage and Landlords Over Rent Inflation
1/17/2025
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Story summary
- Maryland Attorney General Anthony G. Brown has sued RealPage and eight landlords for colluding to inflate rents, impacting over 100,000 residents.
- The lawsuit alleges that RealPage's pricing algorithm resulted in millions of dollars in excess charges for renters.
- The FTC has also filed a lawsuit against Greystar for hidden fees and misleading rental cost disclosures.
- Greystar reportedly generated over $100 million from undisclosed fees, leading to demands for improved regulation.
