Your landlord is a robot. How AI is jacking up your rent.
Artificial intelligence or artificial inflation? AI’s new role in your rent.
Remember the landlord who used to knock on your door to collect rent?
Well, those days are fading. Now, you’re more likely to get a rent increase notice from an algorithm than a smile from a familiar face.
The days of the human landlord you knew are coming to an end.
It will be as fun as playing a game of Monopoly where you keep landing on your opponent’s properties that all have hotels.
You’ll be paying top dollar rents because of the latest trend, AI landlords.
AI overlords and nowhere to go
Have you ever had a landlord jump rent on you?
I used to live with 3 roommates in this adorably nestled two-story house in the heart of midtown. Until it sold to a local lawyer who surprised us with a $500 rent bump. We high-tailed it out.
But imagine if that landlord owned 70% of the places in midtown and hiked the prices everywhere. You‘re forced to pay or leave the area.
The largest property management companies are using AI software to tell them how much to rent and the chances you will pay as a 786 credit score, tech employee…
