This article is meant to be an exposé of how rents keep rising 10-20% each year because landlords use the same price setting software.

However it explains that landlords get loans from banks who assume rents will go up that much to justify the loans.

Blaming the wrong culprit.

If every landlord uses an app that says raise rents over 10% each year and does so, it seems there’s a broader structural problem than recommendations from an app.

https://prospect.org/infrastructure/housing/2024-06-18-how-algorithm-turned-apartment-pools-green/