Summary:
- The article discusses how AI-powered rental applications are contributing to higher rents and making it harder for renters to find affordable housing.
- Rental application algorithms use AI to analyze applicants' data, such as credit scores and income, to determine whether to approve them or set rental prices, often leading to higher rents.
- The article highlights how this AI-driven system disproportionately impacts marginalized communities and contributes to the ongoing housing affordability crisis in the United States.