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There was a story recently about how large landlords use salary data to raise rents. If they see you got a raise, they’ll increase your rent accordingly. And pr
by impish9208 6mo ago
There was a story recently about how large landlords use salary data to raise rents. If they see you got a raise, they’ll increase your rent accordingly. And pretty soon, retailers will do the same. Your personalized price for a gallon of milk at Walmart will reflect your annual raise. I love living in the future!
- like_any_other 6mo ago"I have nothing to hide"
- tsoukase 6mo agoAt the moment, I think the data that we protect ourselves are useless and those that are public are precious.
- Noumenon72 6mo agoPresumably this also means if you don't get a raise, they don't raise your rent as much, knowing it would make you more likely to move. They no longer have to guess about your ability to pay.
- CuriouslyC 6mo agoI foresee people shopping in masks, with phone off, using cash as a protest, and poor people being black market designated shoppers.
- futureproofd 6mo agoLarge institutional landlords use Equifax data, TWN, and other 3rd party financial tracking systems to dynamically price renters across the board; new rentals, security deposit, renewals, etc. These are pricing strategies insurance companies use to their advantage, often partnering with landlords to ensure they're getting risk-reduced renters.
- cbHXBY1D 6mo agoHow does this interact with RealPage and other algorithmic price fixing software?
- dbg31415 6mo agoYeah, but think of how much money you’ll save when you’re able to just pay a poorer person to go grocery shopping for you!
- nicbou 6mo agoFrom each according to his ability
- haght 6mo ago[dead]