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Another real estate software company sued over apartment price-fixing claims — The lawsuit follows claims of similar tactics by Richardson software company RealPage (www.dallasnews.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Another real estate software company sued over apartment price-fixing claims — The lawsuit follows claims of similar tactics by Richardson software company RealPage::Software company Yardi Systems Inc. and 18 property management companies were named in an antitrust class-action lawsuit Friday accusing the companies of a...

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[–] [email protected] 3 points 1 year ago

If housing was true free market, demand would drive new construction.

But its not, developers are artificially constrained into building inefficient single family homes, or giant luxury condos due to zoning and other hindering regulations.

Removing these regulations would allow new upstarts to vastly undercut the current market leading to more affordable housing.