America’s Biggest Landlord Agrees To Pay Millions to Nine States
Cătălin Roșioru
America ’s biggest landlord has reached a proposed $7 million settlement over claims it used rent -setting algorithms in what has been blamed for inflating housing costs. Greystar was accused of using a digital product to help rival property managers illegally align prices and drive up rental costs in nine states. Greystar told Newsweek in a statement: "We are pleased this matter is resolved and remain focused on serving our residents and clients." Rising rents have become a central concern in
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