#landlordsettlement
DC landlord fined $1M in rent inflation case involving pricing software
A major landlord in Washington, D.C. will pay over $1 million and commit to changing its rent-setting practices following accusations of participating in a price-fixing scheme that affected thousands of rental units. The move comes after legal action alleging the use of software to manipulate rent prices across more than 50,000 apartments in the District. The property management company involved owns approximately 9,000 units in the city and is the first of several landlords named
DC landlord fined $1M in rent inflation case involving pricing software
A major landlord in Washington, D.C. will pay over $1 million and commit to changing its rent-setting practices following accusations of participating in a price-fixing scheme that affected thousands of rental units. The move comes after legal action alleging the use of software to manipulate rent prices across more than 50,000 apartments in the District. The property management company involved owns approximately 9,000 units in the city and is the first of several landlords named









