Greystar, the nation’s largest landlord, has reached a $7 million settlement with nine states, including North Carolina, that sued the property management giant for using rent-setting algorithms that officials have blamed for driving up housing costs.
What You Need To Know
Real estate giant Greystar has reached a $7 million settlement with nine states over its use of rent-setting algorithms that officials say drive up housing costs
The proposed settlement was filed Tuesday in a North Carolina federal court
It's the latest result of antitrust lawsuits targeting RealPage and similar software companies
The proposed settlement, filed Tuesday in a North Carolina federal court, is the latest to result from antitrust lawsuits targeting RealPage and similar software companies. Prosecutors

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