How big data could help make it easier for landlords to evict you

guest · Sep 9, 2019

How big data could help make it easier for landlords to evict you
September 7, 2019
https://www.fastcompany.com/9040028...elp-make-it-easier-for-landlords-to-evict-you

Buying or selling a house always involves a bit of gambling on pricing and transaction time, and plenty of rental lease signings can end with both landlord and tenant wondering whether they got the best deal for their money.

But recently, a number of startups and more established financial data firms are collecting troves of information to bring a more data-driven approach to real estate markets, including for apartment buildings and standalone homes. It’s a change that’s helping to reshape the markets, bringing new investors into the field and letting landlords expand into new territory.
THE ‘FORT KNOX OF DATA’
Data providers can aggregate information from public records, online listings, and even old-fashioned polls to see where different markets are headed on a granular level.

“We collect about 4 million rent data points for apartments every single day.”
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“The danger with technology and all the big data is you remove yourself from all the actual buildings and infrastructure and the places where people live,” says Dallas Rogers, a senior lecturer at the University of Sydney’s School of Architecture, Design and Planning and an editor at the International Journal of Housing Policy.

“If you think about the tenant-landlord relationship as something that you can break into tasks and completely automate and remove interpersonal interaction from it completely, I would argue that’s quite a problematic thing to do.”
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