U.S. Accuses Software Maker RealPage of Enabling Collusion on Rents
www.nytimes.com
The Justice Department filed an antitrust suit against the real estate software company, accusing it of creating an illegal pricing scheme to charge tenants more.

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

  • TrickDacy@lemmy.world
    0·
    3 months ago

    No, they don’t have a point. The software is clearly created explicitly for the purpose of collusion for maximizing rent.

    • NegativeInf@lemmy.world
      11·
      3 months ago

      The purpose of a system is what it does. So I agree.

      (RealPage isn’t the only problematic software that does this either. Check up on how rental rates are set and then jacked up in storage facilities, owned predominantly by 2/3 companies)