Landlords
A $5 million grant from the U.S. Department of Housing and Urban Development will help relocate North Texas families to neighborhoods with lower poverty rates, but despite attractive signing bonuses and rent guarantees, landlord participation is lacking. Dallas Housing Authority (DHA) Chief Research & Innovation Officer Myriam Igoufe sat down with CandysDirt.com last week to…
From Staff Reports Dallas-based Willow Bridge Property Co. is among the latest to be accused by the U.S. Department of Justice of using RealPage’s rent recommendation system to drive up rates and decrease competition. The DOJ lawsuit was filed in August; Willow Bridge and five other multifamily property companies were added to the civil antitrust…
Following a two-year investigation, the U.S. Department of Justice filed a civil antitrust lawsuit Friday against Richardson-based RealPage Inc., accusing the company of using an “unlawful scheme to decrease competition among landlords in apartment pricing” with its rental management software that landlords use to price apartments. “In a free market, these landlords would otherwise be…
Landlords across the country are facing lawsuits for profiting off inflated rent prices, and the Dallas City Council is lending its support to state and federal legislation to protect tenants. Legislative Director Clifford Sparks reviewed a Jan. 8 memorandum about the city’s legislative priorities related to housing and homelessness at a committee meeting last month. …
With jobless claims at record levels, the obvious concern for a broad swath of America is what to do when the rent or mortgage is due. Unfortunately, because of such overwhelming unemployment rates, nearly a quarter of Americans couldn’t make a full housing payment in the month of April. Luckily in Dallas, many landlords are…
