The Arizona Attorney General, Kris Mayes, has filed a lawsuit accusing 9 prominent landlords and a software company of participating in a pricefixing scheme. Mayes alleges that this operation led to significant rent hikes in Arizona’s largest metro areas. The lawsuit targets RealPage, Inc., a Texasbased software company that assists landlords in collecting rental market data and setting prices, along with several multifamily landlords, claiming they colluded to inflate costs.

Mark Stapp, Director of the Center for Real Estate Theory and Practice at ASU joined Horizon to discuss more details