FOR IMMEDIATE RELEASE: November 26, 2025
CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org
Trump’s DOJ Lets RealPage Off the Hook for Driving Up Rents
Statement of Caroline Nagy, Associate Director of Housing at Americans for Financial Reform:
As millions of US families approach the Thanksgiving holiday weekend struggling to afford sky-high housing prices while putting food on the table, the Trump DOJ appears to have granted RealPage and its private equity owner a generous holiday gift. Despite being accused of facilitating price fixing among the country’s largest corporate landlords, RealPage will face no fines, and make no admission of guilt, according to the proposed settlement.
This despite the fact that RealPage boasted about its ability to help landlords “outperform the market” by maximizing rents and heaping on renter junk fees to increase profits. While the settlement does require RealPage to stop sharing nonpublic rent data and stop using current leases, this is insufficient to address the serious harms caused by RealPage’s collusive price fixing practices at a time of record rents and home prices.
###