CalMatters: Landlords are Using AI to Raise Rents – And California Cities are Leading the Pushback
If you’ve hunted for apartments recently and felt like all the rents were equally high, you’re not crazy: Many landlords now use a single company’s software – which uses an algorithm based on proprietary lease information – to help set rent prices. Federal prosecutors say the practice amounts to “an unlawful information-sharing scheme” and some … Read more