Why 9 Arizona landlords are being sued over rent hikes — and what to do if yours goes up
Nine property companies are accused of price fixing which has caused Arizona's rents to inflate more than they should, according to the attorney general's office. So what does this mean for renters?
The Gaggle: An Arizona politics podcast · The Arizona Republic and azcentral.com
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Show Notes
Rents in Arizona have jumped significantly since the pandemic. In 2021, metro Phoenix made national headlines when rents skyrocketed by 30%. An investigation by the Arizona Attorney General's office reveals that a group of nine landlord companies have been using a software that allows them to see what other properties are charging and thereby "fix" their rental prices to match. Attorney General Kris Mayes is not having it and is seeking restitution for those affected. But that could take years. What about renters who need help now?
In this episode of The Gaggle, producer Amanda Luberto sits down with Stacey Barchenger, our state politics reporter, and Catherine Reagor who covers real estate issues. They hash out what could happen and what resources renters have access to right now.
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