The lawsuit filed in Chicago claims the management companies bought up mobile home parks and used “competitively sensitive market data” to exchange pricing information and conspire to raise rents.
A child rides a bike down the street in the Ridgeview Homes mobile home community in Lockport, N.Y.
The lawsuit filed last week in federal court in Chicago claims the management companies bought up mobile home parks and used “competitively sensitive market data” provided by Grand Rapids, Michigan-based Datacomp Appraisal Systems Inc. to exchange pricing information and conspire to raise rents.
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