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For Immediate Release
August, 27 2024, 09:44am EDT
Contact:
DOJ Complaint Reveals Startling New Details about RealPage’s Alleged Collusion on Rental Prices
Last week, the Department of Justice and eight other states sued software company RealPage for its alleged efforts to decrease competition among landlords and collude on prices in the rental housing market. The legal complaint filed includes shocking new details that confirm what many have suspected: RealPage’s algorithm has fueled high rent prices. You can read the full complaint here.
Groundwork Collaborative’s Executive Director Lindsay Owens released the following statement in reaction to the complaint:
“RealPage has been inflating rents by effectively stifling competition throughout the country. The lawsuit shows their efforts were flagrant, far-reaching, and deliberate. If RealPage is not stopped, it will soon be in more markets, driving up rent for more families.
“It’s time to shut it down.”
Email press@groundworkcollaborative.org to speak with one of Groundwork’s experts about algorithmic pricing.
- RealPage’s tactics were not restricted to software. They held in-person meetings where users of the software, corporate landlords in most cases, heard lectures about the need to “push up new and renewal pricing.”
- While pricing recommendations by RealPage were not binding, any rejection of a recommendation was escalated to an employee within RealPage. Afterwards, a “pricing advisor” would reach out to property managers and landlords to push them to take the recommendation.
- A team of RealPage staff place tens of thousands of calls every week to landlords across the country to gather nonpublic information on rent prices, occupancy rates, lease terms, and more.
- RealPage software includes an “auto accept” feature so its recommendations for property managers are not ignored or rejected.
- RealPage uses a price floor for rentals using nonpublic information so none of their users drive prices down.
- Maurice Stucke, a law professor at the University of Tennessee, estimates that 30 to 60 percent of multifamily-building units are priced using RealPage in more than 40 housing markets across the country.
The Groundwork Collaborative is dedicated to advancing a coherent and persuasive progressive economic worldview and narrative capable of delivering meaningful opportunity and prosperity for everyone. Our work is driven by a core guiding principle: We are the economy. Groundwork Collaborative envisions an economic system that produces strong, broadly shared prosperity and power for all people, not just a wealthy few.
LATEST NEWS
Rachel Corrie's Parents Urge Probe Into Israel's Killing of American Activist Ayşenur Eygi
"There needs to be consequences," said Craig Corrie. "These are American weapons that are being used. That's against U.S. law, and it should be stopped."
Sep 11, 2024
The parents of Rachel Corrie—the American activist crushed to death by a U.S.-supplied Israeli military bulldozer in 2003 in the illegally occupied West Bank—this week called for an independent investigation into the Israel Defense Force's killing last week of a Turkish American Palestine defender who was volunteering in the territory.
Ayşenur Ezgi Eygi, a 26-year-old who recently graduated from the University of Washington, was volunteering with the International Solidarity Movement (ISM)—of which Corrie was a member—when she was shot in the head, allegedly by an IDF sniper, during a demonstration in Beita against Israel's illegal apartheid settlements.
Eyewitnesses said Israeli forces killed Eygi with "a deliberate shot to the head" for no reason.
While admitting that it is "highly likely" that Israeli troops killed the young woman, IDF officials called the killing "unintentional," claiming the fatal shot "was not aimed at her, but aimed at the key instigator of... a violent riot in which dozens of Palestinian suspects burned tires and hurled rocks" at occupation forces.
Cindy and Craig Corrie, Rachel's parents, toldThe Guardian Wednesday that Eygi's killing reopened old wounds.
"You feel the ripping apart again of your own family when you know that's happening to another family. There's a hole there that's never going to be filled for each of these families," Craig Corrie told the British newspaper.
"It's very personal," he added. "This one, you know, is very close, and there's so many similarities."
During a Monday interview with Democracy Now! co-host Amy Goodman, Cindy Corrie said news of Eygi's killing was "very disturbing and emotional for us."
"It's a parent's nightmare," she added. "And so, Friday morning, knowing that there was another family... who was getting that same kind of news was just very, very disturbing. And we continue to just feel deeply about what that family is experiencing right now."
U.S. President Joe Biden was widely denounced Tuesday after repeating an IDF claim that Eygi was accidentally killed when a bullet "ricocheted off the ground."
While calling Eygi's killing "totally unacceptable" and "unprovoked and unjustified," Secretary of State Antony Blinken has signaled that there will be no U.S. investigation of the incident, prompting Congresswoman Rashida Tlaib (D-Mich.)—the only Palestinian American member of Congress—to lament that the Israeli military "can kill Americans and get away with it."
Human rights defenders argue that the U.S. government repeatedly fails to hold Israel accountable or demand justice when it kills Americans. In addition to Corrie and Eygi, Israeli occupation forces have killed U.S. citizens including Al Jazeera correspondent Shireen Abu Akleh, whose killing was deemed intentional by multiple investigations.
An elderly Palestinian American man, Omar Assad, died in January 2022 after Israeli occupation forces dragged him from his vehicle and then blindfolded, gagged, and handcuffed him during a traffic stop in Jiljilya.
No one has been punished for either of these killings.
This year, Israeli forces have killed at least three Americans in the West Bank alone.
As Truthout's Sharon Zhang reported Tuesday:
In January, an Israeli settler and Israeli soldiers killed 17-year-old Tawfiq Ajaq, shooting him in the head while he was on his way to a barbecue in a local grove. Israeli military vehicles prevented an ambulance from reaching him for 15 minutes, and he was pronounced dead on arrival at a medical facility. Ajaq was born in Louisiana, and had only moved to the West Bank nine months prior.
Then, just weeks later, Israeli forces killed Mohammad Khdour, shooting him in the head while he was driving to a hillside where people often held barbecues. Khdour was 17 years old and a senior in high school who hoped to return to the U.S. to study law when he graduated.
"If you're the U.S., you know that there's going to be no accountability from the Israeli side," Bill Van Esveld, the acting Israel/Palestine associate director for Human Rights Watch, told The Guardian. "So the reason [the U.S.] is not pursuing it in cases where there's clear, credible evidence from credible sources of unlawful use of force, lethal force... the only explanation for that is political."
Craig Corrie told Goodman that "it's upsetting to our family to hear our State Department again, and I would expect them to say, that they are trying to find out the facts and looking to Israel for that."
"Israel does not do investigations, they do cover-ups," he stressed.
"Our family worked for an investigation into Rachel's killing, and we wanted some consequences out of that," Corrie added. "And we hoped—even though we didn't know the names of the people that would be killed in the future, we hoped that that would stop and it would not happen."
IDF officials denied intentionally killing Corrie, despite court testimony from army officers that Corrie and other activists were legitimate military targets who were "doomed to death" for resisting Israeli occupation forces during the Second Intifada, or general Palestinian uprising.
The IDF called Corrie's death a "regrettable accident" while blaming the ISM activists for their own harm because they had placed themselves "in a combat zone."
Another ISM campaigner, Tom Hurndall, was shot in the head by an IDF sniper in the West Bank as he attempted to rescue Palestinian children from an Israeli tank that was firing in their direction. The shooting—which occurred a month after Corrie's killing—left Hurndall in a coma; he died nine months later in a hospital in his native Britain. Hurndall's killer was convicted in an Israeli court of manslaughter and served six years of an eight year prison sentence.
While Rachel Corrie once wrote that she felt protected by "the difficulties the Israeli army would face if they shot an unarmed U.S. citizen," there were no such difficulties, just as there were no repercussions after Israeli warplanes killed 34 American sailors and wounded 173 others during a 1967 attack on the USS Liberty—an attack numerous top U.S. officials believed was deliberate.
Cindy and Craig Corrie sued Israel over their daughter's killing. Their case was dismissed in 2012, with the presiding judge ruling that the activist's death was the "result of an accident she brought upon herself."
Cindy Corrie told Goodman that Blinken—then a national security adviser to then-Vice President Biden—told them in 2010 that there had "not been a thorough, credible, and transparent investigation" into Rachel's case.
Craig Corrie called for more than just an investigation into Eygi's killing.
"There needs to be consequences," he told Goodman. "These are American weapons that are being used. That's against U.S. law, and it should be stopped."
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Taylor Swift Gets It, Says Watchdog: AI Deepfakes Are a Danger to Democracy
"The need for federal regulations to address this type of misinformation and prevent AI deepfakes from upending our elections and undermining our democracy has never been more urgent," said one advocate.
Sep 11, 2024
The consumer advocacy group Public Citizen on Wednesday applauded pop star Taylor Swift for using her platform and her endorsement of U.S. Vice President Kamala Harris in the presidential race to go beyond simply expressing support for the Democratic candidate—choosing instead to also call attention to artificial intelligence and how it's been used to spread misinformation.
"Recently I was made aware that AI of 'me' falsely endorsing Donald Trump's presidential run was posted to his site. It really conjured up my fears around AI, and the dangers of spreading misinformation," wrote Swift in an Instagram post announcing her endorsement of Harris.
Swift was referring to a false AI-generated image, known as a deepfake, that showed the singer-songwriter's likeness dressed as Uncle Sam with the caption, "Taylor Wants You to Vote for Donald Trump." Trump shared the image on his Truth Social account in August, along with fake images of people appearing to wear shirts that read, "Swifties for Trump."
The images were shared days after the Federal Election Commission's Republican chair, Sean Cooksey, had announced the agency would not establish new rules to prohibit political candidates or groups from misrepresenting opponents or issues with deceptive images.
Cooksey had said the FEC wanted to wait and see "how AI is actually used on the ground before considering any new rules"—a decision Public Citizen denounced as "shameful."
On Wednesday, Public Citizen co-president Lisa Gilbert noted that the way AI and deepfakes can and will be used has already been made clear, partially by Swift's experience.
"Taylor Swift—who has been a victim of both AI-generated election misinformation and AI-generated non-consensual intimate deepfakes—is correct in identifying the immensely damaging harms that could result from the spread of AI misinformation, including abuses of our elections."
In addition to the images shared by Trump, billionaire Tesla CEO Elon Musk, a Trump supporter, posted on social media a deepfake video that showed a manipulated image of Harris.
"The need for federal regulations to address this type of misinformation and prevent AI deepfakes from upending our elections and undermining our democracy," said Gilbert, "has never been more urgent."
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Wyden Says Trillions in Taxes Dodged by Ultra-Rich Could Fund Social Security Until 2100
"The ultra-wealthy are avoiding nearly $2 trillion in taxes every 10 years," said Sen. Ron Wyden. "That's where we ought to go to start making progress."
Sep 11, 2024
The Democratic chair of the Senate Finance Committee said during a hearing Wednesday that instead of tossing Social Security's sacred guarantee "in the trash" by cutting benefits, lawmakers should crack down on mega-rich tax dodgers as a way to keep the New Deal program fully solvent for decades to come.
"The ultra-wealthy are avoiding nearly $2 trillion in taxes every 10 years," Sen. Ron Wyden (D-Ore.) said during a Senate Budget Committee hearing. "That is enough to keep Social Security whole till the end of this century."
"That's where we ought to go to start making progress," Wyden added.
The senator's remarks came during a hearing titled "Social Security Forever: Delivering Benefits and Protecting Retirement Security," which featured testimony from Social Security Administration Commissioner Martin O'Malley and several expert witnesses.
Sen. Sheldon Whitehouse (D-R.I.), who presided over the hearing, used his opening remarks to blast GOP proposals to raise the retirement age, a change he said would "especially hurt low-income retirees."
Whitehouse, the chair of the Senate Budget Committee, acknowledged that some Republicans have pushed back on the notion that the GOP wants to cut Social Security benefits. But if Social Security benefit cuts "really are off the table," the senator said, "that leaves only one other option to prevent insolvency: raise revenue."
"There is no third option. And that means it's time to get to work identifying smart, fair ways to raise revenue, fund the Social Security Trust Fund, and preserve and protect benefits," Whitehouse continued. "Fortunately, there are solutions that would both extend Social Security solvency indefinitely with zero benefit cuts and make our tax system fairer, like my Medicare and Social Security Fair Share Act."
At today's @SenateBudget hearing, @SenWhitehouse slams Republican plans to slash $1.5 trillion from Social Security.
Whitehouse plans to strengthen Social Security by requiring the wealthy to pay their fair share! pic.twitter.com/nWRJt3hUWp
— Social Security Works (@SSWorks) September 11, 2024
Wednesday's hearing came in the heat of a presidential race in which Social Security has featured prominently, with Democrats warning that GOP nominee Donald Trump would push for deep benefit cuts if he's elected to another White House term.
During Tuesday night's debate, Democratic nominee Kamala Harris made the only mention of Social Security, vowing to protect the program that lifted 28 million people out of poverty last year.
Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare, said in a statement following the debate that while Harris reinforced "her commitment to Social Security and Medicare," Trump "was mum on the topic."
"At least when Trump has nothing to say, he cannot compound his many conflicting and confusing statements about Social Security and Medicare—from calling Social Security a 'Ponzi scheme' to saying he's 'open' to 'cutting entitlements' and proposing to eliminate some of the taxes that fund Social Security," said Richtman. "Tonight's debate underlines the fundamental reality that one candidate in this race will truly protect Social Security and Medicare—and that is Kamala Harris."
According to the latest trustees report, Social Security is positioned to fully pay all benefits and administrative costs until 2035 and is 90% funded for the next quarter century.
Progressive lawmakers and advocacy groups have argued for years that the best way to ensure Social Security's long-term solvency is clear: make the wealthy pay their fair share into the program. Due to the payroll tax cap, millionaires stopped contributing to Social Security just 60 days into 2024.
"Warren Buffett stops paying into Social Security 30 seconds into the new year," O'Malley said during his testimony at Wednesday's Senate hearing, "and the people that clean these buildings pay in all through their paychecks."
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