The complaint outlined in the article is that landlords fed confidential data into Realpage, then used its recommendations to effectively launder price collusion through "AI".
like what confidential data? i dont get the premise.
you have 10 apartments and they are priced at say $1000/month. whats so confidential about that?
or are you saying the AI is fed with tenant data to see which tenant is more viable to pay more rent based on income et al? like dynamic pricing? holy fuck
According to the DOJ [1], no, however landlords were sharing non-publicly-accessible information about all of their units whether or not they were on the market. Rent, discounts, rent term, lease status, and "the number of potential future renters who have visited a property or submitted a rental application."
Because doing it algorithmically may allow for market manipulation and monopolistic pricing schemes, particularly if competitors are effectively coordinating price changes via a 3rd party.
what happened to "you paid $100 last year. now from january you pay $120 or vacate?"