Tag: landlords
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Private equity landlords’ screening process discriminated against renters, lawsuits contend
Two large private-equity-backed landlords discriminated against prospective tenants by relying on screening systems reporting inaccurate information about applicants’ previous evictions and criminal histories, according to two lawsuits filed Wednesday by an Indianapolis housing nonprofit group. The lawsuits follow complaints by tenants and their advocates about the impact some private-equity-backed landlords have had on residents, including junk…
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Senators take aim at big private equity landlords as rents soar
As Wall Street financiers snapped up huge swaths of the nation’s rental housing market in recent years, the deals sailed through unchallenged. Now, with the costs of renting an apartment or home out of reach for a growing number of Americans, four Democratic senators say these transactions need more scrutiny. Sen. Elizabeth Warren, D-Mass., sent…