Mariah Cain, Staff Writer
The District’s Attorney General Brian Schwalb is suing 14 of the district’s major landlords for inflating rent prices. The lawsuit claims that the landlords used a property management software company called RealPage to inflate rent prices by up to 7%.
The lawsuit states that RealPage “have transformed a competitive marketplace into one in which competing landlords work together for their collective benefit at the expense of renters.” Schwalb’s lawsuit is calling for an end to the unlawful inflation.
