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Pricing software adds billions to rental costs, White House says

69 点作者 elorant5 个月前

8 条评论

dlcarrier5 个月前
Anything that provides information makes a market run smoother.<p>In a healthy market, where supply can increase to meet demand, better information decreases prices. As it stands, with most states having regulations that severely limit housing supply, prices will keep increasing until birthrates drop or the rate of people moving out increases.<p>The politicians that pass those policies are to blame, and any pricing information is just the messenger.
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ChrisArchitect5 个月前
Related U.S. case discussion from 3 months ago:<p><i>DOJ sues realpage for algorithmic pricing scheme that harms renters</i><p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41330007">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41330007</a>
to11mtm5 个月前
On one hand this is a &#x27;duh&#x27; thing...<p>At the same time, It&#x27;s worth digging deeper and asking questions as to why&#x2F;how we are repeating mistakes.<p>By that, I mean, We have seen historically, &#x27;oopsies&#x27; and&#x2F;or &#x27;problematic patterns&#x27; around &#x27;automated trading&#x27; and feedback loops that can result.<p>TBH we are likely seeing similar impact in used car market.<p>Possibly all done by people who couldn&#x27;t hack it in algorithimic automated trading...
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ChrisArchitect5 个月前
Actual article: <a href="https:&#x2F;&#x2F;www.whitehouse.gov&#x2F;cea&#x2F;written-materials&#x2F;2024&#x2F;12&#x2F;17&#x2F;the-cost-of-anticompetitive-pricing-algorithms-in-rental-housing&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.whitehouse.gov&#x2F;cea&#x2F;written-materials&#x2F;2024&#x2F;12&#x2F;17&#x2F;...</a>
ChrisArchitect5 个月前
Related:<p><i>Landlords Are Using AI to Raise Rents</i><p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=42353948">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=42353948</a>
bell-cot5 个月前
Um, yes?<p>If they&#x27;d noticed (&amp; done something about it) a few years ago, then Joe might not be facing eviction now.
ethagknight5 个月前
“The big picture: The U.S. is in the grips of a housing affordability crisis — creating huge financial headaches for many Americans”<p>This is just not true. Talking point being pushed by some group, I’m guessing those lobbying for subsidized housing programs.<p>There’s an “affordability crisis” for ultra desirable locations, but across most of America, there’s plenty of underwhelming but functional housing to be had.
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asdasdsddd5 个月前
Disagree with algos being problematic. The crux of the issue is that vacancy needs to be taxed on rental units in high demand areas when its above a certain threshold.
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