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Landlords Are Using AI to Raise Rents – and Cities Are Starting to Push Back
Federal prosecutors have accused software company RealPage of enriching itself "at the expense of renters who pay inflated prices"
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. May 28, 2020 05:00 ET “Every day, millions of Californians worry about keeping a roof over their head and RealPage has directly made it more difficult to do so,” said California Attorney General Rob Bonta in a written statement.
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