Attorney General Kris Mayes discusses the recently-announced lawsuit accusing Valley landlords and a software company of "illegal" price-fixing scheme.
Yes it is! It includes used car dealers, mental health facilities, and a mob mentality that is trying to take over our state without winning elections.
Please let these people see real consequences and those they gouged see real relief. The USA has become a crony capitalist hellscape and it must be regulated, harshly
what makes it crony? wouldn't this be fair under a truly free market? Adam Smith himself knew landlords were bad for the economy. If only we had a sovereign republic, by for and of the people!
Umm! Our AG did not discover any of this! They merely joined the lawsuits! If it were up to AZAG she would do nothing and claim they have no money to investigate! This is what they have done regarding homes being stolen from seniors like myself! 😢
Oh, HELL yeah. I'd like state AGs to do this across the US. While this case related to apartments, they should look into mobile home parks, too! Same companies......
How about gas.... How many of you have filled up on gas and the pump says it dispensed more than your vehicle can hold! Start paying attention, tell me I'm wrong. I have contacted the Weights and Measures department and provided them multiple examples, i.e Fry's on Rural and Ray in Tempe. There justification is that the temperature changes the volume. GF them! Gas does not expand 10% at any temperature other than ignition!!!!!!!!!!!!!!!! This is a slam dunk for any AG that really wants to attack collusion.
Food and toiletries as well. I used to buy Cremo shaving creme at Fry's for $5.99, not on sale. Today it was $9.99!!! Corporate America rising prices to influence the election!!!!!!!!!!!! AGAIN!!!!!!!!!!!!!!!!!!!!
Also, possibly take into account the fact these companies drove up all the market prices in the state. As they drove up their costs, other companies will have followed in this. All the housing fees have been skyrocketing in this state. Yes, people are indeed moving here in droves but the market has been getting driven up out of sheer greed.
even application "fees" (you NEVER see those in Canada) went from 10 to 30 dollars to 100 to 300, no refund. So the realtor, sales rep with a number company, "advertises" an available suite/townhome/home (that doesn't EXIST), and collects these non-refundable "fees".
Thank you so much on the behalf of residents at one of these complexes in Tucson. I have seen families become homeless a mom that was a waitress at Denny’s could not keep up they were evicted. Thank you much for this lawsuit ❤
Still happening with management of apartments in Tucson. Apart from the regular rent, you pay for water and electricity which is doctored. They also charge tax and transaction costs on top of everything. There’s one particular company that makes you pay utilities on behalf of empty apartments in the complex. It’s nothing short of theft. Rent cafe under (hsl) are guilty of this. The AG had this conference two months ago but they’re still doing the same crap.
I live in Montelano Apartments, Phoenix, AZ, (Capilano Properties). They are using "professional" stalkers, harassers, low life, high security prisoners, to stalk and harass targeted residents in their complex. The apartment office places them above, or next to the apartments where targeted residents live (usually an older, white, living alone women). The "stalkers", then stalk, and harass those people making them leave their apartment, break the lease, therefore make them pay big money to the apartment for breaking the lease. Then making again big money for renting another apartment. This is the illegal way apartments are making money, using those "professional" stalkers, working also as a "maintenance" crew, who has access to all kinds of otherwise inaccesible systems (AC, electric ducts) of the building. And us using them for harassment.
Yes, they need to stop the access to the apartments. In my building they turn off your WiFi so they can avoid you knowing they are in your unit via your home cameras.
@@Moniece444 Yep. Organized crime. they keep chasing me out from one place to the other. Now I am living with my other son, and they are here too. Keep harrasing me. Blowing some kind of poison/drugs through the AC vents, even though it is a house. But my son is renting it.And HOA (property management) has access to this house.
EVERYWHERE this has been building for decades. Cheap $ for huge corporations, while YOU as an individual borrow at 5 to 10 time the amount, strangulation of the supply chain of available apts./homes, HUD loaning cheap (zero percent almost in the credit crunch) to connected people, sabatoging their own mandate. LOTS of reasons, then this bottleneck ATTRACTS people who become landlord thugs.
love that these companies can just play with our livelihoods like this! Definitely not going to piss off an entire generation, Dana Jones! Kind of weird their headquarters aren't even located in Az, but in Richardson, Texas. How do you control a states rent prices from 2 states away?
My rent has gone from $780 a month to $1,190 in 5 YEARS! And now I have to pay for my own water. I live in a 55 & older mobile home park WHERE OVER HALF OF THE RESIDENTS ARE OVER 65 and LIVE ON SOCIAL SECURITY.
These companies should have to share the algorithms. And prove that it’s the algorithm that compiled the information so we know exactly what determined these prices way before 2016
This should concern EVERYONE who is a taxpayer as these renters who are being subsidized by taxpayers are doing so on an inflated rate. Immigrants have increased that qualify for rental subsidies have increased. Also those that are made homeless from this are eventually managed or assisted by programs that is also taxpayer funded. It has had a huge ripple effect across the economy and THIS is just a few reasons why taxes have gone waaay up.
I hope it happens soon I'm 80 and Graystar raised my rent by almost $600 a month after I've lived here for 12 years paying increases every year, but when last year they jumped my rent up $600 making me pay also for water that was always included in my rent. I'm disabled and couldnt move on such a short notice ,they drug what my actual rent would be until 30 days before my lease expired. I had to go back to work full time with a failing heart and they knew i was sick and put me threw so much stress.Not only that there are major repairs they haven't fixed for over 3 years now. Please let me know how to sighn anything to report them. There are so many thing's they are also charging me that they can't give me answers on. In 12 years i have never missed paying my rent on time and in full yet they treat me like crap.
Smelling a North America wide Class Action suit, but please include HUD which violated it's mandate by loaning 1% money to connected people/corporations and making the housing situation WORSE. Their OWN mandate.
Really this can and likely is being done without technology too. All management companies compare each others prices and that's how they "determine the market" but if they all just charge astronomical rates in unison it has the same effect. Also, the stat of those not using real page being 13% lower DOESNT factor in that ALL properties look to the bigger properties to determine their prices soooo if the big companies never raised them that high in the first place, the rest wouldn't be as high either. It is a very sad, inhumane state of affairs that these companies continue to squeeze every dime they can out of people regardless of the effects on their lives, that salaries and wages remain the same or that they are needing to use more than 60% of their income just to have a roof over their head (when industry standard used to be never spend more than a third of your income on housing). I have heard many people say they have to choose to eat or have a roof over their head. There needs to be higher standards more concern about the basic necessities for citizens.
Probably it’s in all states. Also the month to month fee $300-$500 of you don’t want to resign a new lease or they decide not to renew you and you stay.
Only 13% higher than non conspirators. Because prices were already unnaturally inflated. Guaranteed this algorithm did not use demand to come up with its figures…the algorithm looked at incomes to determine what was feasible.
So they raised rents based on supply and demand and at an amount a bit over the price of Democrats’ inflation rate between 2016 and 2024? Did the State and Counties raise the value against which they taxed those property owners? If they do succeed, does anyone think any of the money will go back to the renters? Or will it just be taken by the government tyrants?
They raised rents by collusion not so much supply and demand. Let me put it this way, imagine every gas station in your town communicates with each other either by software or meeting to set gas prices way above what they would otherwise be if they were actually competing for customer business. Pretty much everyone else gets screwed
Taxes,utilities,insurance and landlords can make big bucks with section 8 housing..
5 месяцев назад
The worst thing is the Government telling renters they do not have to pay rent. Same as the home owners who have not paid house payments for over two years.
IT should have doubled by this point from 2016... The money supply has more than doubled without a corresponding increase in output or productivity... THUS prices will rise. Couple this with the fact that many land lords were forbidden from evicting NON PAYING tennants during the pandemic, WITHOUT having their obligations to lenders on the properties also stayed or held until they began collecting rents again. If the government is going to not allow the property owners to evict for nonpayment, they must also force the banks to forgo loan payments on same properties during that time. Otherwise it is a takings case...
I doubt if anything will come out of this but I hope so. Bidenflation has prevented me and many from even thinking about buying a home so we are forced to rent, and rents here are ridiculously high. Getting too much like CA here.
Anytime the Government gets involved in the business of community business, it doesn't work out. Most of these government bureaucrats have never ran a business or owned a business. Most of the bureaucrats are completely in component.
If there is software setting prices for the majority of the market, it clearly falls into collusion. Its a cartel like OPEC with with localized housing.
@@23pinkpear You actually believe the dribble you type, not very well might I add. Get used to living in a van down by the river, it's what you have earned.
