ravenflavin77
ravenflavin77 t1_itpzvyr wrote
Private equity firms buying up rental properties has done more to drive up rents in the US than any other factor. I worked at a property that was privately owned. They sold out to a private equity firm which immediately raised all our rents $150. Every year after that residents could expect a rent increase of 10-30%. I no longer work there but I hate to see what they've done rent wise since the pandemic.
ravenflavin77 t1_itqgpo5 wrote
Reply to comment by SockFullOfNickles in Software biz accused of colluding with 'cartel' of landlords by marketrent
What guy would that be?
I recall using this software at my old job. It's a product of a pretty large company. The training manual is an enormous binder. You can spend weeks training on this software.
EDIT: Nevermind, read the Propublica piece.