President Biden’s Department of Justice filed a lawsuit against RealPage last week. RealPage is a management tool used by landlords to assess the rents of the properties they own. The DOJ claims it violates antitrust law because use of the software constitutes a form of collusion that unfairly benefits landlords. The measure is part of the Democrats’ new strategy to place the economy under the control of liberal bureaucrats. Kamala Harris’s much-maligned price control proposals are part of the same deal.
The DOJ’s lawsuit was joined by eight state AGs, seven of whom are liberal Democrats. (Two other Democrat AGs filed separate lawsuits.) The lone Republican in the mix is Tennessee Attorney General Jonathan Skrmetti. The conservative joined far-left AGs from states such as California, Minnesota, and Oregon in the lawsuit against RealPage. Skrmetti claims this is a bipartisan effort to protect consumers, yet he’s the only one making it “bipartisan.”
In reality, it’s a very partisan effort that some conservatives may be duped into supporting. Many conservatives upset with the excesses of woke megacorporations have taken an interest in antitrust law. However, this interest can lead conservatives to rely on the far-left for ideas and back terrible policies. The efforts against real estate algorithms exemplify this risk.
Right now, ordinary Americans suffer from the high costs of living. Whether paying rent or shopping for groceries, voters feel the pinch and are inclined to blame the party in charge of the White House. They are right to do so. When it comes to skyrocketing housing prices, the Biden administration deserves much of the blame. The current president oversaw a dramatic increase in government spending, which boosted inflation. Biden implemented several regulations that have imposed new costs on the housing market. Additionally, his refusal to control the border has brought millions of new “tenants” to bloat the market. […]
— Read More: amgreatness.com
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