Algorithms, Profits, and the Housing Crisis: A Step Toward Justice
Written by Christopher Gomes The U.S. Department of Justice (DOJ) recently filed a landmark lawsuit against six of the country’s largest landlords, alleging that their use of algorithmic pricing software and information sharing practices have significantly contributed to the housing crisis. The landlords named in the suit—Greystar Real Estate Partners LLC, Blackstone’s LivCor LLC, Camden Property Trust, Cushman & Wakefield Inc, Pinnacle Property Management Services LLC, Willow Bridge Property Company…