Maryland Sues Real Estate Tech Firm and Landlords Over Alleged Rent Inflation Scheme

2025-01-17
Maryland Sues Real Estate Tech Firm and Landlords Over Alleged Rent Inflation Scheme
WBFF Baltimore on MSN.com

Maryland Attorney General Anthony Brown has filed a lawsuit against a prominent real estate technology company and six major landlords, accusing them of colluding to artificially inflate rent prices. The lawsuit alleges that the defendants used unfair and deceptive practices to drive up rents, harming tenants and violating state laws. The case highlights the growing concern over rent inflation and the need for increased regulation in the real estate industry. With the rise of property management software and online rental platforms, renters are increasingly vulnerable to exploitation. The lawsuit seeks to hold accountable those responsible for these alleged abuses and protect the rights of Maryland residents.

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