Summary
The government links a $3.8B rent hike to RealPage’s algorithm, used by many landlords, prompting lawsuits and new municipal bans on its pricing methods.
The government links a $3.8B rent hike to RealPage’s algorithm, used by many landlords, prompting lawsuits and new municipal bans on its pricing methods.
lol seriously?? i think its a bit exagerrated. algorithms arent magic, imho. gov data can be skewed and mixed with politics. more factors likely involved in that bump then just some numbers from a tool. feel more info is needed.
Real data analyses like this always require a detailed look at the context. In my experience, relying solely on algorithm outputs without considering market trends, tenant dynamics, and local economic changes can lead to misinterpretations. The $3.8B figure cited by the government seems to rest on assumptions that might not capture the whole picture. It is important to correlate algorithmic analysis with on-ground realities, as rent increases are often affected by a host of external factors. Further transparency on the methodology could help clarify the situation.