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Rent Going Up? One Company's Algorithm Could Be Why.

An algorithm is helping landlords set rent prices. Critics are concerned it's driving up prices and hurting competition.

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One company's algorithm is driving rents higher and higher across the country

This story was originally published by ProPublica. On a summer day last year, a group of real estate tech executives gathered at a conference hall.

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How a Secret Rent Algorithm Pushes Rents Higher — ProPublica

Texas-based RealPage’s YieldStar software helps landlords set prices for apartments across the U.S. With rents soaring, critics are concerned that the company’s proprietary algorithm is hurting competition.

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