Data shows AI algorithm added about $132 to monthly rent in 2023.
Data shows AI algorithm added about $132 to monthly rent in 2023.
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More states join lawsuit against North Texas-based RealPage, accused of artificially inflating housing costs
More states join lawsuit against North Texas-based RealPage, accused of artificially inflating housing costs
Data from the White House Council of Economic Advisors released last year showed the use of RealPage's algorithm added about $132 to monthly rent in 2023.
Washington State joined with more than a dozen states, accusing landlords of colluding to inflate rents through price-fixing, Washington's Attorney General Nick Brown said last month.