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Joined 1 year ago
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Cake day: June 6th, 2023

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  • marron12@lemmy.worldtoLemmy Shitpost@lemmy.worldgotdamn
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    1 year ago

    I think part of it is because of pricing software like RealPage.

    On a summer day last year, a group of real estate tech executives gathered at a conference hall in Nashville to boast about one of their company’s signature products: software that uses a mysterious algorithm to help landlords push the highest possible rents on tenants.

    “Never before have we seen these numbers,” said Jay Parsons, a vice president of RealPage, as conventiongoers wandered by. Apartment rents had recently shot up by as much as 14.5%, he said in a video touting the company’s services. Turning to his colleague, Parsons asked: What role had the software played?

    “I think it’s driving it, quite honestly,” answered Andrew Bowen, another RealPage executive. “As a property manager, very few of us would be willing to actually raise rents double digits within a single month by doing it manually.”

    I lived in a building that used this software. In 6-7 years, rent went from around $1200 to about $2,000. More and more apartments stayed empty. They kept raising prices during the pandemic. Surprise surprise, a tent city popped up down the street. A couple people died there.




  • FWIW, “handy” in the sense of “handjob” isn’t that common (U.S., over 25). I mostly hear it and use it in the sense of “useful, good to have or know.” That’s pretty handy, that could come in handy.

    Plus, I can’t imagine I would ever interpret Handy as a handjob if you pronounced it the German way (Hendy). I would just go “huh” because that doesn’t register as a word in English. I’ve been told that the vowels in the German Handy and the English handy sound really similar to native German speakers. But as a native English speaker, they’re worlds apart.

    Not trying to change your mind or anything. Just thought I’d give you a different perspective.