Loading...
Market
What will be the outcome for the rental market as a result of the lawsuit against RealPage by the end of 2024?
3
Resolution / Starting Odds
No change • 25%
Lower rental prices • 25%
Higher rental prices • 25%
Increased regulation • 25%
Official court rulings, announcements from the DOJ, RealPage, or credible news sources
Story
DOJ and Eight States Sue Thoma Bravo's RealPage for Alleged Rent Price Collusion
Aug 23, 2024, 03:12 PM
The U.S. Department of Justice, along with eight states, has filed an antitrust lawsuit against RealPage, a real estate software company owned by Thoma Bravo. The lawsuit alleges that RealPage's software enabled landlords to collude and raise rental prices across millions of apartment units in the United States. The Justice Department claims that RealPage's algorithm facilitated illegal coordination among landlords, violating antitrust laws and harming renters by inflating rental costs. This legal action highlights concerns over the use of technology in the rental market and its impact on housing affordability.
View original story
Similar markets
Guilty • 25%
Not Guilty • 25%
Settlement • 25%
Dismissed • 25%
DOJ wins • 25%
RealPage wins • 25%
Settlement • 25%
Case dismissed • 25%
RealPage found guilty • 25%
RealPage settles • 25%
RealPage found not guilty • 25%
Case dismissed • 25%
Settlement • 25%
Found Guilty • 25%
Case Dismissed • 25%
Other • 25%
Settlement • 33%
RealPage wins • 33%
Plaintiffs win • 33%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by more than 5% • 25%
Decrease by more than 5% • 25%
No significant change • 25%
Increase or decrease by less than 5% • 25%
Support for NAR • 25%
Support for Homie • 25%
Neutral stance • 25%
No official reaction • 25%