Chicago’s rental crisis: Is an algorithm rigging the system?
WBEZ News · WBEZ Chicago
October 22, 20246m 32s
Audio is streamed directly from the publisher (podcast-stream.wbez.org) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Landlords in the Chicago area are using real estate software made by RealPage, a tech company that may be engaging in an illegal price-fixing scheme to drive up rents, according to an antitrust lawsuit filed by the U.S. Department of Justice and a class-action lawsuit filed by 12 former tenants.
The company’s own report in May confirms that their rent-pricing algorithm is used in metro Chicago.
Good morning, Amy. Good morning, Andjela.
HOST: DIXON