- cross-posted to:
- technology@lemmy.world
- usa@lemmy.ml
- cross-posted to:
- technology@lemmy.world
- usa@lemmy.ml
Summary
Landlords are increasingly using RealPage’s AI-driven rent pricing software, which critics say inflates rents by promoting price alignment among property owners.
Federal prosecutors and attorneys general from eight states have filed an antitrust lawsuit, alleging RealPage suppresses competition, harming renters with artificially high prices.
Cities like San Francisco and San Diego have passed or proposed bans on such software, citing its impact on affordability.
Critics argue the system enriches landlords while exacerbating housing crises, leaving middle-class families struggling to make ends meet in high-cost areas like California.
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