fromArs Technica
3 days agoRealPage agrees to change algorithm so landlords can't collude on price hikes
Boasting that "one of their company's signature products: software" uses "a mysterious algorithm to help landlords push the highest possible rents on tenants," Parsons wooed landlords. In a since-deleted video, he noted that apartment rents had recently increased by 14.5 percent, bragging that "never before have we seen these numbers" and prodding another executive to agree that RealPage was "driving it, quite honestly." Business Insider dubbed it landlords' "secret weapon."
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