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major Canadian landlordsfinancialpost
•73% Informative
YieldStar is a controversial software that recommends rent prices to landlords.
The U.S. Department of Justice filed a civil antitrust lawsuit against RealPage in August .
Critics say the algorithm is perpetuating anti-competitive behaviour among landlords and driving up prices for tenants.
RealPage said it leverages real-time lease-transaction data in order to respond to changes in supply and demand.
YieldStar isn’t just limited to the United States — it’s being used in Canada , too.
If just one or two landlords are using it, the software won't have a major impact on the market.
GWL Realty Advisors Residential Inc. ( GWLRA ), a property management company that is a division of The Canada Life Assurance Co. , used it for years .
Tenants Union has created a database listing 100,000 units across Canada operated by landlords that their research suggests are likely using YieldStar .
The Canadian Competition Bureau announced in July that it would be advancing an investigation into Kalibrate Canada , a subsidiary of a fuel and convenience retail analytics company, to determine whether its products have an adverse impact on competition between gas stations.
VR Score
75
Informative language
75
Neutral language
52
Article tone
formal
Language
English
Language complexity
72
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5