this post was submitted on 05 Feb 2024
655 points (99.1% liked)

News

23440 readers
2743 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 
  • A group of lawsuits accuse large landlords of price-fixing the market rate of rent in the United States
  • A complaint filed by Washington D.C.’s Attorney General alleges 14 landlords in the district are sharing competitively sensitive data through RealPage, a real estate software provider
  • RealPage recommends prices for roughly 4.5 million housing units in the United States
  • RealPage told CNBC that its landlord customers are under no obligation to take their price suggestions

A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes.

“We’ve been told as tenants by employees of Equity that the software takes empathy out of the equation. So they can charge whatever the software tells them to charge,” said Kevin Weller, a tenant at Portside Towers since 2021.

Tenants say the management started to increase prices substantially after giving renters concessions during the Covid-19 pandemic.

you are viewing a single comment's thread
view the rest of the comments
[–] Ghostalmedia@lemmy.world 4 points 10 months ago (1 children)

This right here.

I live in a very dense city, which means building residential towers is usually the only reasonable way to quickly increase housing density. And we desperately need housing.

Large buildings can cost billions to build. You need a government or corporation to organize around if you’re going to make that happen. And unless you’re China or the USSR in the 70’s, going the government route is going to be damn near impossible right now.

Best option is to regulate private industry.

[–] Pyr_Pressure@lemmy.ca 4 points 10 months ago (1 children)

Let corporations build them, don't let them own them.

If they build a 100 unit apartment building, don't let the corporation just rent them all out themselves.

Force them to be sold to individuals. That keeps the overall condo prices competitive, and then people who buy them can then rent them out on an individual basis for those who prefer not to / can't purchase a condo outright.

Limit how many residential units a corporation can own and incrementally increase taxes for every unit above that limit.

Limit how many corporations one person can own. No more of this bullshit 20 numbered companies in one person's name to get around shitty business practices.