Get the latest tech news
Landlords Are Using AI to Raise Rents
AI is a plaque upon housing in America.
San Diego’s city council president is the latest to do so, proposing a ban that would prevent local apartment owners from using the pricing service, which he maintains is driving up housing costs. In August, The Department of Justice and the attorney generals of eight states — California, North Carolina, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington — filed an antitrust lawsuit against RealPage, the leading rental pricing platform based in Texas. The department in August filed its antitrust lawsuit against RealPage, alleging the company, through its legacy YieldStar software, engaged in an “ unlawful scheme to decrease competition among landlords in apartment pricing ”.
Or read this on r/technology