Justice Department accuses six major landlords of scheming to keep rents high

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2 thoughts on “Justice Department accuses six major landlords of scheming to keep rents high

  1. Part of high rent comes from the inflated property values the assessors offices have assigned over the past few years. We just sold a rental property because the taxes became too high and I couldn’t, in good conscience, increase rent that much.

  2. I’m not disagreeing with the inflation of property values, but I think one of the biggest driving forces of that is out of state property owners and investors, who can make money on renting. I don’t think the idea that properties may need to be sold and increase the supply in the market potentially for homebuyers is necessarily a bad thing.

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