
Settlement Reached in North Carolina’s Rental Pricing Controversy
News Summary Cortland Management has reached a settlement with North Carolina’s Attorney General over allegations of using software to inflate rent prices. The company will cease using RealPage’s software and contribute $100,000 towards consumer education, although it did not admit wrongdoing. Renters express concern over rising prices as the rental market becomes increasingly competitive, exacerbating affordability issues for many. This case may lead to more significant regulatory changes to protect