Canadian mega landlord using AI ‘pricing scheme’ as it massively hikes rents
https://breachmedia.ca/canadian-mega-landlord-ai-pricing-scheme-hikes-rents/
#pricefixing #rentpricescanada #housinginsecurity
National/ regional landlords in #Canada are using common software that aggregates corp data, and provides insights into market forces. Even if no direct collusion exists, the use of this software optimizes #greedflation, circumventing theoretical market forces of supply-demand. #Capitalism will fail b/c of the greedy #oligarchs in a #plutocracy
https://breachmedia.ca/canadian-mega-landlord-ai-pricing-scheme-hikes-rents/
#pricefixing #rentpricescanada #housinginsecurity
National/ regional landlords in #Canada are using common software that aggregates corp data, and provides insights into market forces. Even if no direct collusion exists, the use of this software optimizes #greedflation, circumventing theoretical market forces of supply-demand. #Capitalism will fail b/c of the greedy #oligarchs in a #plutocracy
