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These algorithms have an economic incentive to suggest higher rents, because that's what the customer (landlords) want to hear. If the algorithm calculates a re
by emseetech 2y ago
These algorithms have an economic incentive to suggest higher rents, because that's what the customer (landlords) want to hear. If the algorithm calculates a rent 30% lower than the previous tenant was paying, landlords will either ignore the recommendation or shop around for another startup with an algorithm that tells them what they want to hear.
- doctorpangloss 2y agoAnother POV is that if people want rent control, go for it. Repeal Costa Hawkins. Take leadership.