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Landlord Forced To Raise Rent Due To Thinking Of Bigger Number (www.theonion.com)

submitted 2 years ago by seahorse@midwest.social to c/theonion@midwest.social

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[–] rockSlayer@lemmy.world 8 points 2 years ago (1 children)

Fun fact, that's probably due to all the landlords using realpage to "maximize return on investment"

[–] jonne 3 points 2 years ago (1 children)

Fun fact, the previous venture of the founder includes doing the same for airline tickets, until the FTC shut it down due to it being illegal collusion.

[–] rockSlayer@lemmy.world 1 points 2 years ago (1 children)

I genuinely didn't know that, is there an article about the scumbag I can read?

[–] jonne 1 points 2 years ago

https://arstechnica.com/information-technology/2022/10/rent-going-up-one-companys-algorithm-could-be-why/2/

I remember hearing about it on a podcast, but this article has a blurb about it.