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The rent is too damn algorithmic โ€” DC Attorney General Brian Schwalb is investigating RealPage, a company that helps landlords set rent prices, for potential antitrust violations (washingtoncitypaper.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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The rent is too damn algorithmic โ€” DC Attorney General Brian Schwalb is investigating RealPage, a company that helps landlords set rent prices, for potential antitrust violations::Attorney General Brian Schwalb is investigating RealPage, a company that helps landlords set rent prices, for potential antitrust violations.

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[-] HughJanus@lemmy.ml 14 points 1 year ago

Any kind of algorithm used for type of thing is going to be trying to increase rents. If enough people all use the same algorithm, price fixing is what you'll get.

It's not necessarily malicious intent, it's just the way the software works, which opens the discussion about the role of using algorithms in rent calculations in general.

[-] HawlSera@lemm.ee 0 points 1 year ago

No it's definitely maliciosu intent

this post was submitted on 09 Oct 2023
584 points (98.5% liked)

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