KENTUCKY (FOX 56) — The cost of comfortable living is too expensive for many people, and a lawsuit filed by Kentucky Attorney General Russell Coleman claims it is unfairly inflated at several properties in Kentucky.
Coleman said it is a software company that is behind the predatory practice. He claims RealPage Inc. compiles algorithms and competitor data to suggest rental prices for landlords, using non-public information, with the intent of charging the highest rents possible.
Arthur Crosby, executive director of the Kentucky Fair Housing Council, said the lawsuit highlights day by day how landlords are supposedly using a system to raise rent prices…