U.S. Plans to Accuse Software Maker of Enabling Collusion on Rents
www.nytimes.com
The Justice Department is set to file an antitrust suit against the real estate company RealPage alleging illegal price-fixing facilitated by algorithms.

RealPage, maker of YieldStar, is almost singlehandedly the ones causing rent to skyrocket across much of the United States.

One of the algorithm’s developers told ProPublica that leasing agents had “too much empathy” compared to computer generated pricing.

You can learn more about them here and why this antitrust case is so important:

https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent

    • @[email protected]
      11•5 months ago

      I hope so, but if I were betting, I would bet that actually the s*** show will continue. Too many very rich people have too much money invested in real estate speculation, and you know they’re going to pressure their friends in Washington to not take away their honey pot.

      I could be wrong, I sure hope I’m wrong, but this doesn’t feel like the climate where we can expect to see significant victories that would benefit the average person. Not yet. Maybe soon? I don’t know.