Landlords Are Using AI to Raise Rents — And California Cities Like San Diego Are Leading the Pushback ...Middle East

A home for rent in Carlsbad is seen in 2021. (Photo by Mike Blake/Reuters) 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 lawmakers throughout California are moving to curb it. San Diego’s City Council president is the latest to do so, proposing to prevent local apartment owners from using the pricing software, which he maintains is driving up housing costs. San Diego’s proposed ordinan

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Landlords Are Using AI to Raise Rents — And California Cities Like San Diego Are Leading the Pushback ...Middle East

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