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Landlord Software Is Making Life Hell for Renters, Report Says
- bacchusracine 3y agoArchive link: https://archive.is/m1AcB https://archive.is/m1AcB
- CraigRo 3y agoMisleading article: proptech has made managing sfr at scale feasible. But the major drivers are low interest financing for bulk purchases of houses (much cheaper than mortgages), preferential tax treatment (no transfer taxes, no death taxes), and the fact that homeowners are increasingly incapable or not allowed to provide their own maintenance, making scale worth it.
- atlantic 3y agoWhy is it misleading? The article agrees with your contention that proptech has made sfr at scale feasible. But it highlights the downsides of that system for tenants. And "Homeowners are increasingly incapable?" What does that even mean?
- scantron4 3y agoI think he meant that people are less likely to have home repair skills
- fwlr 3y agoI’ve said many times that facial recognition inherits the moral issues of policing. Maybe I should generalize. Technology inherits the morality of whatever it empowers.
- theandrewbailey 3y agoI've always thought that technology, in general, is a tool that makes the user more productive, whether that be for good, or ill.
- version_five 3y agoPeople worry about "AI" but it's recourse-free automated management that's the problem, it's irrelevant what the actual mechanics are under the hood, whether it's gpt, a rules based algorithm, or just some designer's workflow for evicting tenants. One of the biggest problems is almost no customer (renter here) wants something like this, and so it ends up being forced onto those weak or poor enough not to be able to push back and get treated like people. Thinking about all the popular talk about AI, I wish regulators would focus more of how to make sure people are treated like people, instead of debating the fairest way to treat us like cattle.
- ActorNightly 3y agoBUILD MORE REAL ESTATE Every time I drive through mid west, its mind boggling how you see miles of fences along the highway, with no cattle, crop, or a house in sight, and the total property area is almost as big as downtowns of cities.
- bcrl 3y agoThere was a time when that would work, but more rental properties won't help if all the landlords are colluding^H^H^H^H^H^H^H^H^Husing cloud software to manage their rental properties that use "data" to set prices. Have a listen to the Behind the Bastards podcast on the topic over at at https://www.iheart.com/podcast/105-behind-the-bastards-29236323/episode/part-one-why-is-the-rent-104321463/ https://www.iheart.com/podcast/105-behind-the-bastards-29236... to get a bit of an idea how we got to where the market is today.
- expertentipp 3y agoBulk real estate purchasers are furious and have infinite money and/or leverage. If the property is even remotely desirable or its location is, it's gone.
- m463 3y agoyears ago I thought the same thing when flying across the country. You look down and the 30 minute commute to work passes in an instant, and then you continue flying for hours and hours and the empty land goes off to the horizon in all directions. I think it's artificial scarcity.
- expertentipp 3y agoOnce had similar flash thought on taking off in an airplane over center of a major city - "no way every 2-3 windows in every tiny building are worth 500k EUR... I must be looking at hundreds of trillions worth of wealth here".
- MichaelZuo 3y agoHundreds of billions is plausible. Toronto alone gets almost $20 billion USD in new construction real-estate, every year.
- expertentipp 3y agoFunnily, the tenants pay for the creation and procurement of this software with ever increasing rents. Paying for the very stick later used to evict or bully you out.