HISPI Project Cerebellum HISPI PROJECT CEREBELLUM

RealPage's YieldStar Allegedly Facilitated Rent Price Coordination Among Canadian Landlords

January 1, 2017

RealPage’s YieldStar algorithm is under scrutiny for its potential role in facilitating rent price coordination among Canadian landlords. The software, which utilizes sensitive market data, has been accused of contributing to rent increases in non-rent-controlled units through suspected collusion and artificial price inflation.

Tenants have reported significant rent hikes, attributing them to the alleged use of the algorithm. This incident underscores the importance of responsible AI governance and safe and secure AI practices. For those interested in shaping trustworthy AI practices and preventing harm, consider joining Project Cerebellum and learn more about our efforts to map, measure, and manage such incidents with HISPI Project Cerebellum TAIM.
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Matched TAIM controls

Suggested mapping from embedding similarity (not a formal assessment). Browse all TAIM controls

Alleged deployer
woodbourne-capital-management-international-lp, tribute-communities, the-rockport-group, tas-impact, riocan-living, rhapsody-property-management-services-llp, gwl-realty-advisors-residential-inc., first-capital-real-estate-investment-trust, edgar-development-corp., dream-unlimited-corp., core-development-group-ltd., choice-properties-real-estate-investment-trust, canadian-property-managers-using-yieldstar
Alleged developer
realpage
Alleged harmed parties
tenants-in-canada, renters-in-canada, public-trust-in-the-rental-market, low-income-tenants-in-canada, cynthia-black

Source

Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/894

Data source

Incident data is from the AI Incident Database (AIID).

When citing the database as a whole, please use:

McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.

Pre-print on arXiv · Database snapshots & citation guide

We use weekly snapshots of the AIID for stable reference. For the official suggested citation of a specific incident, use the “Cite this incident” link on each incident page.