Have you heard of Rentberry?
Rentberry is a controversial American housing start-up that hosts online auctions in which tenants bid against each other in online auctions, eBay style, pushing the rental price higher and higher and higher until all but one of the bidders are left weeping. The lucky one euphorically claims victory – paying way more than the “guideline” rental price. The sky’s the limit, really!
Sounds great doesn’t it?
The app’s creators reckon landlords will choose tenants by using things like referencing and credit checks to find those who best fit the property, instead of operating in the real world and just choosing the ones who will simply pay them the most money.
It’s just one of a wave of rent-bidding property apps set to hit Australian shores later this year, when along with Live Offer and Australian start-up Rentwolf, they can deliver a fresh kick in the guts to young people and renters alike.
If measures like this already exist to flog the housing market into a whole new realm of anxiety and unaffordability, what fresh hell can the stormy housing seas hold for young people? What other ludicrous concoctions could we create to mess with people’s lives?
Here is a list of stupid housing-related apps I would like to see:
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Featured image is promotional material from Rentberry’s website.
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