The large companies use software like RealPage to essentially collude and keep prices high. They input their rental unit info into the software and an algorithm analyzes all of the data input by the companies to automatically raise prices and suggest the optimal available units to maintain that increased price. There are several neighborhoods in my city where 70% of the unit owners use RealPage.
The large companies use software like RealPage to essentially collude and keep prices high. They input their rental unit info into the software and an algorithm analyzes all of the data input by the companies to automatically raise prices and suggest the optimal available units to maintain that increased price. There are several neighborhoods in my city where 70% of the unit owners use RealPage.