Landlords are using AI to raise rents; California cities are leading the pushback
Briefly

from www.ocregister.com3 months ago
"Federal prosecutors say the practice amounts to an unlawful information-sharing scheme, as many landlords use a single company's software to set rent prices."
www.ocregister.comhttps://www.ocregister.com/2024/12/05/landlords-are-using-ai-to-raise-rents-and-california-cities-are-leading-the-pushback/
"San Diego's city council president has proposed preventing local apartment owners from using pricing software, which he maintains is driving up housing costs for renters."
www.ocregister.comhttps://www.ocregister.com/2024/12/05/landlords-are-using-ai-to-raise-rents-and-california-cities-are-leading-the-pushback/
"California and seven other states have joined the federal prosecutors' antitrust suit against RealPage, alleging it exploits landlords' sensitive information to inflate rents."
www.ocregister.comhttps://www.ocregister.com/2024/12/05/landlords-are-using-ai-to-raise-rents-and-california-cities-are-leading-the-pushback/
Read at www.ocregister.com
#rent-prices #housing-market #california-law #realpage #algorithmic-pricing
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