this post was submitted on 09 Oct 2023
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The rent is too damn algorithmic — 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 [email protected] to c/[email protected]
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The rent is too damn algorithmic — 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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[–] [email protected] 14 points 1 year ago (1 children)

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.

[–] [email protected] 0 points 1 year ago

No it's definitely maliciosu intent