Shanice Sharpe is struggling to keep up with the rising rent at her one-bedroom apartment in Toronto, with hikes influenced by AI software, sparking controversy. Dream Unlimited, the landlord, is using YieldStar, leading to allegations of artificial rent inflation and harm to tenants across Canada and the US. The software collects data to suggest rent prices, often exceeding legal limits. Yet, the real issue is the lack of protection for tenants, prompting them to organize for change. With the government failing to act, tenants are left with few options, fueling calls for further investigations and regulations to address the housing crisis.
https://breachmedia.ca/canadian-mega-landlord-ai-pricing-scheme-hikes-rents/