Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Landlord Accused Of RIPPING OFF Americans Gets RAIDED By FBI
Posted
June 10, 2024
Views
54,386
Likes
3,034
Comments
445
Engagement
6.40%
June 10, 2024
54,386
3,034
445
6.40%
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7:06Now PlayingRealPage, advanced property management software used by many corporate landlords was the subject of an announced raid by the FBI. Ana Kasparian discusses on The Young Turks. Your Support is Crucial to the Show
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"Over the last four years, rents have skyrocketed by an average of over 30% nationwide and are a major factor in the overall inflation rate. There are a variety of factors behind the increases, including an overall housing shortage. But the Department of Justice is investigating another potential cause: a massive criminal conspiracy among large landlords.
Last month, the FBI reportedly conducted an unannounced raid of Cortland Management, a major corporate landlord based in Atlanta. The surprise search appears to be part of a Department of Justice criminal investigation, first reported by Politico in March, into an alleged scheme among many corporate landlords to artificially increase rents through collusion. "
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