Landlords use pricing software that adds billions to rental costs, White House says
Data: Council of Economic Advisers analysis of data from: American Housing Survey, American Community Survey, RealPage, Calder-Wang and Kim (2024), Zillow Multifamily Rent Index; Chart: Axios VisualsRenters in the U.S. spent an extra $3.8 billion last year because of pricing algorithms used by landlords, according to an analysis from the White House Council of Economic Advisers first shared with Axios. Why it matters: The report puts some hard numbers to accusations that have piled up against R...
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