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Landlords Are Using AI to Raise Rents—and Cities Are Starting to Push Back (gizmodo.com)

submitted 1 week ago by [email protected] to c/[email protected]

23 comments fedilink hide all child comments

cross-posted from: https://lemmit.online/post/4604618

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/technology by /u/chrisdh79 on 2024-12-07 16:55:13+00:00.

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[–] [email protected] 1 points 1 week ago (1 children)

thanks for the tip. the number would seem to sit at 40% dominance by urban landlords.
i would think that the housing market, affects the rental market. but not always. apart from homebuyers that get priced out and have to re-enter the rental market.

[–] [email protected] 1 points 1 week ago

I'm not sure what that means, but if the link I gave was correct and the biggest one has ~85,000 homes, that's only 0.1% of the total US single family housing market of 82 million single family homes. That would indicate that there would be thousands of landlords in most areas, meaning that collusion between them would require a sophisticated networked system between them.