> Since 2016, rents have climbed 76 percent in Phoenix, 63 percent in Las Vegas, 80 percent in Atlanta, 66 percent in Wilmington, North Carolina, and more than 50 percent in Portland, Seattle, Charlotte, Nashville, and Dallas. One multifamily executive quoted in an antitrust lawsuit recalls,

While I have no general reason to doubt the fixing allegations, but in the same time span national average fuel prices increased 72% and CPI increased 32%. So it sounds like inflation is arguably a majority of those change and with it backed out the numbers sound less obviously suspicious.