Business Wire | Statement from RealPage: The Real Story

Jun 28, 2024

“The time is now to address a number of false claims about RealPage’s revenue management software, and how rental housing providers operate when setting rent prices,” said Dana Jones, RealPage CEO and President. “Housing affordability should be the real focus. RealPage is proud of the role our customers play in providing safe and affordable housing to millions of people. Despite the noise, we will continue to innovate with confidence and make sure our solutions continue to benefit residents and housing providers, alike.”Housing affordability is the real problem

Housing affordability, including the lack of affordable rental housing, is a critically important national problem created by a host of complex economic and political forces, including:

-persistent undersupply of rental housing units,

-increasing demand for rental housing in many areas of the country,

-inflationary pressures that affect costs to build,

-insure and manage housing properties,

-inefficient or unnecessarily onerous permit and zoning requirements,

-higher mortgage rates and home prices driving more people to rent rather than own their own homes,

and

-changes in where and how people choose to live.

Source: Statement from RealPage: The Real Story | Business Wire

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