Artificial Intelligence Is Making The Housing Crisis Worse
Artificial Intelligence Is Making The Housing Crisis Worse
Landlords are using AI to screen their tenants, heightening errors and discrimination.
Holdup "application fee"? Fuck this late stage Capitalism shit really
Oh it's vile.
Lots of people list a property, take loads of applications, each with a nonrefundable application fee (often $100+), then close the listing and pretend it was leased out. They wait a bit and repeat the play. They can rake in thousands of dollars for literally making a posting on a website, and repeat this often. And it's often desperate people victimized too: not only are these people renting so they're already in a vulnerable situation, the people willing to pay high application fees typically are desperate to get a lease.
I've also seen places that make you pay an application fee, and as part of the screening process they run a credit check; if they aren't satisfied with your credit score, they'll deny you and of course keep the application fee. What's more nefarious about this though is that they don't give you a score cutoff; you don't know if your score meets their criteria until after you've paid a nonrefundable fee.
That should be illegal.
And I thought having the renter pay agency fees were a scam. That shite wouldn't fly in Europe and many places in Europe are forcing agency fees to the owner
Man. I'm lucky I got my place as easily as I did. Here in the UK, but it was my first viewing, "yeah this place is cool, any offers?" "Well we have 15 booked in to see it after you" "alright, I'll pay the full amount". Agreement with the seller the next morning, no chain so no fuss, moved in three weeks after.
My brother, by comparison, went through absolute hell like you described.
I think application fees can have some use given that a person needs to spend their time reviewing it. Also without a fee someone could apply to hundreds of listings without even looking at them. But with ai, the former example doesn't work nearly as much. $100 is too steep for the latter
I don't buy it. The landlord is already extracting money via rent seeking. That's what pays for the "work" they have to do in the applications
Isn't it enough to post on one instance?
I was wondering about this. What is the right etiquette? It’s not the same as multiple channels on the same server. But at the same time - supply side? Or consumption side?
Should clients filter them out? Do we need a way to “merge” on a per post basis?(or link or relate or…)
It is an interesting concept to ask. I don’t have a good answer.
When one drops the classic social media attitude of gathering as many views and comments as possible, the answer is simple: post it on your favourite community.