17-10-2022 07:34 via slashdot.org

Rent Going Up? One Company's Algorithm Could Be Why.

Some have complained high-paying tech jobs have driven up rents in major tech hubs — creating an exodus that will later drive up rents in other cities.
But ProPublica asks whether there's another technology at work:On a summer day last year, a group of real estate tech executives gathered at a conference hall in Nashville to boast about one of their company's signature products: software that uses a mysterious algorithm to help landlords push the highest possible rents on tenants. "Never b
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